ES Gap Fill Daily Journal July 2010

You missed a big one last night. Shortly after the close we dropped further thus making a -9 pts 2nd downgap, what was filled overnight just before 4 am.

Then we dropped more after the 8:30 am reports and around the open the gap was as big as 14 pts, half of it already closed and we shall still see if we get a full close. This is not guaranteed because of the overnight gapfill already happened...
 
1 trade last week, net +$150 (1.5 ES pts on 2 contracts).

No other trades, data was not supportive.

This mornings data did not support either.
 
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