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Online Share Trading

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anyone going for a gap close today?

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6 REPLIES 6
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What is a GAP close if i may ask?
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A gap is created when the market closes at a certain point, for instance 17500, and then opens the next day at 18000. When you look at the candle sticks chart, you will clearly see a gap between the previous and current day. A gap close is when the markets seems to move back to 17500 from 18000, to close the gap it created.
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scandal
Super Contributor
think it will come... FSTE just dropped 80 points and DOW is hanging around 8800
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Which shares does one trade to take advantage of a gap?
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Shard
Super Contributor
If US opens flat, which it probably will, you'll see it imo. All this green is on the expectation that the late rally in the US will continue into this week. -Trend is still down
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I agree with you Shard - S&P is at major resistance at 900. IMO, it needs to break through positively to sustain the rally. Still, its a helluva plummet needed to close though?
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