分類:BGU
Big Gap Up so 80% chance of at least one reversal in the first hour. The bulls want a double bottom or wedge bottom on a pullback to near the EMA. The bears want a double top or wedge top for an early high of the day. When there is Big gap up, odds favor bulls:
- 85% chance of PB in first 2 hours.
- 80% chance of at least one reversal attempt in the first hour. (i.e. some kind of TR on the open).
- 75% chance trending TR day.
- 70% chance swing up after 1pm ET.
- 65% chance the gap will not close today.
- 60% chance of swing up in 1st hour.
- if instead it is going down, often pulls back 50% in wedge bear channel.