GAP to close ...

SP:SPX   S&P 500 Index
523 9 0
... on the TARGET
Short entry near by - wherever platforms allow - 1590/4 level , I use 24h ECN platform for example
martinex martinex
and 1598 level is tested I see , adding short here and let's see what open will give us today
martinex martinex
SL set on this trade ... nothing to add here
martinex martinex
SL held and no change on it , IDEA still intack IMO, GN
martinex martinex
SL hit , new idea posted
I could argue for closing the gap and also for continuation of the uptrend. So it might be a good decision to take some profit out.
IMO 1576 level is crucial now ... watch it carefully
I'm not convinced any longer if the gap will be closed now. So I took a little profit out of my put option and thank you for the idea.
martinex motleifaul
Hi motleifaul , my trade was also stopped at 1593 during last night - when I was off the market in the evening - time for the family. But I do believe that this idea is still in the game - NQ already closed it's similar GAP few days ago, time for S&P aswell. Will try to get in short again today - look at this channel lower band which stopped it yesterday: . I think it might be tested again and then move back lower to close the gap.
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