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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: SE who wrote (41799)12/6/2000 6:33:06 AM
From: Patrick Slevin  Read Replies (3) of 44573
 
I was looking at it as a momo play off a retrace.

I got your 8/19/98 by the way. I do not think that is likely because it had a Sell Gap after a day with a Sell Gap that did not Close. The Globex session does not suggest a Sell Gap. At the moment anyway.

I think more importantly may be to isolate your search to UnEmployment weeks. There, the patterns are more bullish, with all one ups or at least morning moves up.

In your database, try 2/4/98, 4/30/97, 4/3/96, 3/6/96, and if you have them 6/1/94, 7/31/91

Of those, 3 had prior day Sell Gaps, one did not Close. That was 4/30/97 and the day was A in shape. High was 12:20 EST, a normal time for this cycle. Best trade was the Long.

I see how you get 9/17/97, but the other two I'm not clear on. Does not matter much. You may be correct and I could be all wrong. Sometimes I try to restrict the search overmuch.
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