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marti_marti
Jun 25, 2013 10:06 AM

GAP to close ... Short

S&P 500SP

Description

... on the TARGET
Comments
marti_marti
Short entry near by - wherever platforms allow - 1590/4 level , I use 24h ECN platform for example
marti_marti
and 1598 level is tested I see , adding short here and let's see what open will give us today
marti_marti
SL set on this trade
... nothing to add here
marti_marti
SL held
and no change on it , IDEA still intack IMO, GN
marti_marti
SL hit , new idea posted
Stock
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.
marti_marti
IMO 1576 level is crucial now ... watch it carefully
motleifaul
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.
marti_marti
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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