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Weekly & Monthly Market Wrap For March 31, 2017

Nice dump into the close to print red candles on the SPY, DIA, QQQ, virtually flat on MDY & a slight green close on IWM after the late session dump into the close resulted in a fade of about 75% of the earlier gains. Also worth noting is that only 2 out of the 11 [...]

Mar 31, 2017 4:54pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , |Comments Off on Weekly & Monthly Market Wrap For March 31, 2017

Back-filling The Gaps, Better Now Than Later

There's an old saying in trading/investing about how most gaps are back-filled at some point in time. The statistics on what percentage of gaps are filled range depending on the source but the author of this article from 2013 claims to have conducted a backtest spanning 24 years showing that over 91% of all gaps [...]

Mar 28, 2017 9:01am|Categories: Equity Market Analysis|Tags: , , , , , , , , , |7 Comments
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