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Posted by Kirk Lindstrom Aug 30, 2006 |
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August 30, 2006: Open Gap Summary
In Kirk's Market Thoughts I have been tracking gaps in the S&P500 futures contract. These gaps have statistical significance for resistance and support. They often act as magnets and "fill" before the market can continue its trend, whether up or down.
My Table is UNREADABLE in the BLOG due to silly formatting constraints but you can read it here:
If you have any questions about futures contracts, please ask them in our Spiral Trading Forum. This is a forum for futures traders who are more than happy to answer any and all questions.
Here is the Futures Chart we use in our Spiral Trading Forum.
DISCLAIMER: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.