Historically, this reversal like pattern has led to larger average moves to the downside.
Opening Gap - Up
Status - Weaker close
Instrument - ES
Set Up - Intraday Open
Trend - Down
Type - Long
Entry - 9:30 am ET (Open)
Exit - 4:15 pm ET (Close)
Opening Gap - Up
Status - Weaker close
Instrument - ES
Set Up - Intraday Open
Trend - Down
Type - Long
Entry - 9:30 am ET (Open)
Exit - 4:15 pm ET (Close)