This pattern has often shown a favorable bias, but the opening location is key.
Day - Wednesday
Opening Gap Direction - Down
Market Status - Red Candle yesterday after 6 days of highs
Instrument - ES, RTY, NQ, YM
Trading SetUp - Intraday Open
Market Trend - Bull
Trade Type - Long
Entry - 9:00 am ET (Market Open)
Exit - 4:15 pm ET (Market Close)
Click the "Sign Up" button below to receive the DailyiQ messages in your email inbox immediately as they are released.
Click below to share with your friends or colleagues
