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Gaps are closing gaps lately and over 2 days ...

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Electrox
Super Contributor
either they close half way by the end of the day or get closed by another gap the following day... not friendly if you dont hold overnight positions...
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7 REPLIES 7
venice
Super Contributor
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saash
Super Contributor
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Not applicable
what would be the results? down or up? and is it possible if u can explain how a gap come about
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venice
Super Contributor
The market is cruel, a gap n go this morning squeezing all the gap traders until they capitulate then wham a short of note forcing all the longs to cover. Now into the gap we go wait until enough people are short then up we go and a short squeeze is on. Just remember you aren't trading the market but other traders.
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venice
Super Contributor
Didn't quite close, well that leaves us with a great short in the future.
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Electrox
Super Contributor
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venice
Super Contributor
Yeah caught me by surprise. I was away from the computer for most of it but still aint closed so maybe I'll get a second chance later.
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