Intraday Bias: Gap Up Not Filled Type 1
Expectations after Gap Up Not Filled Type 1 on Emini S&P (ES), Nasdaq 100 (NQ) and Dow (YM)
(premium member only content below)
The rest of the article is available to our premium members only.
Login or upgrade your membership to view this article now.
Comments
LC it will be great if code is in place in the dynamic grid so that intraday trading and longer term can be guided…
These are end of day biases good for the next trading day. The reporting of the relevant biases for the next trading day is already available in the S&P signals page.
It is very difficult to track all these biases using NeoTicker’s dynamic grid as the grid is not designed for hosting millions of bars of data for the statistics generation.
I don’t quite understand this. If the gap is more likely to be filled today, that would bring us down to 3093. If we fill the gap, we would have to rally almost 30 points to make a higher high.
Same question in March 2021 and it still unanswered…
This is really simple. The probability stands and is consistent over time. The rest depends on the context. If you participate in real-time commentary often, you would see how to apply these basic concepts in live trading.