The markets are trading weak ahead of the open, here is how weak opens on Thursdays have performed.
The markets are trading weak ahead of the open, here is how weak opens on Thursdays have performed.
Day - Thursday
Opening Gap Direction - Down
Instrument - ES, NQ, YM, RTY
Trading SetUp - Long
Trade Type - Intraday Entry
Entry - 9:30 am ET (Market Open)
Exit - 4:15 pm ET (Market Close)
Note: Most tests/studies here are done going long using Future Indices. This is done for several reasons; so you can easily compare different studies/tests, and because of the high correlation of these Indices to other instruments. The Daily IQ is typically an End of Day analysis without stops/targets. You can use our Discover app to test/study other potential trades with numerous stop/target values. You can make comments below.
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