Just posting a trade idea. This is a play on filling the CME gap.
Trade closed: stop reached
Comment:
Stupid banking holidays... a day early on this one.
The Dynamite Index (Trader's Dynamic Index TDI) is bottomed out and with the last two recent green Buy signals has bullish divergence.
The Weis Wave (WWV) is currently in a RED wave where I try to buy and hold into the following GREEN wave.
Other than those technical items this is a long shot since the gap is large and we seem to be at point in price where the market is unsure if we go down or up. Most expect more down to come.