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Opening Gap Study - Update


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#1 borland

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Posted 02 November 2008 - 11:31 AM

Earlier, I posted charts showing the frequency of Gaps in this thread http://www.traders-t...showtopic=97001. TraderPaul asked about a colored version of the gaps.

Here's the colorized versions of these graphs. Green is a positive gap, while red is negative. I've added the opening percent change also.

First the weekly for Monday's openings, the the daily for weekday openings...

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#2 traderpaul

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Posted 02 November 2008 - 12:27 PM

Thanks for the charts....Panic bottom is highly visible....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay