ES Journal Archive (2009 - 2010)

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Quote from satchel:

bullish day, no gap close (last hour who knows about the bots)

2nd gap up day - not closing the gap in the morning can have very bearish consequence in last 2 hrs.
 
Quote from pcvix:

LC, the reason being?

Thanks.

Search for Pek's definition. He's the one who named the pattern here. :)

p.s. busy busy busy at the office, so cannot monitor the mkt and no trading for several days.
 
Quote from Lawrence Chan:

2nd gap up day - not closing the gap in the morning can have very bearish consequence in last 2 hrs.

Can you post a pic of the gap. I'm not seeing in on the ES. Thanks.
 
Quote from ProfLogic:

Can you post a pic of the gap. I'm not seeing in on the ES. Thanks.

2 gaps in same direction within 3 trading days.

There is no gap in the cash index, just ES future.

Edit: Thus it is a weaker version
 
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