First day of the month, don't guess on the direction.

09/01/2020 09:02 AM - By Matt Ratliff
Today is the first of the month, here is what has happened historically on this day.  Are you gambling on a Bull?  Run your own test when the opening gap is known.

Day - Tuesday

Opening Gap Direction - Unsure

Market Status - Opening gap unclear on this first Trading Day of the Month

Instrument - ES, RTY, NQ, YM

Trading SetUp - Intraday Entry

Market Trend - Still in a Bullish trend.

Trade Type - Long

Entry - 9:30 am ET (Market Open)

Exit - 4:15 pm ET (Market Close)



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Matt Ratliff