Weakness showed off the opening price and you can see from the MP chart below that we have moved from above yesterdays UVA back under the UVA. So far we have made it down to yesterdays POC and if the 80% rule has anything to do with it then we are most likely heading to 12658, yesterdays LVA. If price action does not get above 12742 and find intrest I will stick to this as the game plan for the morning trade.
Entries tagged as ‘trading gaps’
4.22.08 Open
April 23, 2008 · Leave a Comment
Categories: trading the dow · ym
Tagged: stock market open, trading gaps
