ES Journal - 2012

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Quote from tomahawk:

Thursday RTH left an unfilled gap from Wednesday's close, and Friday did the same (from Thursday's close). Those 2 consecutive
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Well, in my count the Friday's gap got closed. Twice actually, after 8:30 and at 9:30 am...

If you check the NDX for confirmation, that actually ended up in the red and the DJX gap also closed during RTH.

So no 2 consequtive upgaps in a row for me...
 
Quote from tomahawk:

Thursday RTH left an unfilled gap up from Wednesday's close, and Friday did the same (from Thursday's close). Those 2 consecutive same-direction unfilled gaps are fairly rare, and a 3rd is obviously rarer still. All it means is the likelihood of a gap fill tomorrow is very good if there's a 3rd gap up. Bear in mind that I go by rules that are slightly different than Pekelo's, mainly that I'm looking at strictly ES from the 4:15 close, without any regard to what SPX or SPY does. This is just from my own research, and limited to the ES to keep it clear and simple.

I wasn't aware of the 1440 S&P number ... thanks.
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Thanks. Yes, that 1440 SPX is from May 2008. It was the pullback that occurred right before the market really shit to bed. Wondering if this will be a strong resistance point or simply a place where MM's will bang stops if there are many at this level. You would think most got washed out Thursday.
 
Quote from Pekelo:

Well, in my count the Friday's gap got closed. Twice actually, after 8:30 and at 9:30 am...

If you check the NDX for confirmation, that actually ended up in the red and the DJX gap also closed during RTH.

So no 2 consequtive upgaps in a row for me...
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... which is why I mentioned my rules were different. :)

It's interesting that Friday Nasdaq was actually red, Dow (and YM) filled in RTH, but SPY only filled in pre and not in RTH. Do you consider SPY gap closed when it spikes through on NFP but never touches in RTH?
 
Quote from mastacoli71:

anyone know the last time we actually had a gap down in ES after 4:15 close?
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8/30 was an unfilled gap down. 9/4 was a slight gap down that filled, as was 9/5.

Edit: again, strictly talking ES here, from 4:15 close into next day RTH.
 
Quote from tomahawk:

8/30 was an unfilled gap down. 9/4 was a slight gap down that filled, as was 9/5.

Edit: again, strictly talking ES here, from 4:15 close into next day RTH.
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k, i was looking for 4:15 close into ETH open
 
Quote from mastacoli71:

k, i was looking for 4:15 close into ETH open
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Sorry, misunderstood.

Lots of 1-5 tick ETH open down gaps that filled inside the 1st 5-min to 1hr (of ETH) in mid-late August. It depends how strictly you want to define your gap. The one you might be looking for is 8/12-8/13 ... ETH opened gap down -2.25, got to -5.75 max then filled @ 06:50 (8/13).
 
Quote from tomahawk:

Thursday RTH left an unfilled gap up from Wednesday's close, and Friday did the same (from Thursday's close). Those 2 consecutive same-direction unfilled gaps are fairly rare, and a 3rd is obviously rarer still. All it means is the likelihood of a gap fill tomorrow is very good if there's a 3rd gap up.
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What about 3 consecutive unfilled gaps, regardless of direction? How rare is that? Looks like tomorrow will be a gap down, but I suspect it will get filled.
 
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