Technical Analysis
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- Gap Fade Statistics for June
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Did the “gap fade” technique deliver edge as usual in the month of June for the Dow Jones Index ETF the DIA Diamonds?
Each month I compile the number of trading days in the DIA that had an overnight gap of at least $0.20 (20 Dow Points) and calculate how many of those gaps filled throughout the same trading day, in an attempt to discover and calculate the edge in the classic “Fade the Gap” (trade against the gap as the morning play) strategy.
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Original Source: blog.afraidtotrade.com
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4 Julio, 2008| Technical Analisis |
@ 8:03