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- Gap Fade Stats for August
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Wow - August was another month with a high percentage of overnight gaps, but let’s see how many of these overnight gaps in the DIA (Dow Jones) were filled intraday.
I define a gap as being an open that is at least $0.20 different than yesterday’s close and use Excel for the statistics.
There were 21 trading days in August, and 17 of these (81%) showed an overnight gap of at least $0.20 in the DIA.
Of these 17 gaps, 8 gaps filled, giving us the first under 50% month this year, with …
Original Source: blog.afraidtotrade.com
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6 Septiembre, 2008| Technical Analisis |
@ 14:27