jago25_98
Short

SPX500 gap with v.slow or no retrace

FX:SPX500   S&P 500 index of US listed shares
49 2 1
I'm expecting the market to gap downwards on opening after the weekend. I feel there has been negative feelings over the weekend, especially today (Sunday) and also the date for tomorrow is close to a cycle point on the 20th. Unfortunately I didn't spot this until late friday and missed the trade.

Gaps usually close up but the cycle is quarterly to yearly scale so I don't think it will close up as quickly as you might normally expect.

The other possibility is a gap upwards which could be considered more against the trend... but I haven't seen enough positive re: Ukraine for me to go with that.
here my trade:
1878 up to 1885
1885 down to 1860
1860 up to 1867
1867 down to 1850
1850 down to 1831.
+1 Reply
OK, so it did go down, just not as big and as fast as I expected making it more likely to stay low for longer
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out