In today’s daily wrap, we will discuss fading gaps in the markets when there is 10 day low close. Historically, we have seen this type of setup favoring the longs, but as with any possible setup, there are other risks that can present themselves in this market.
Interesting in learning more from Scott? Then check out MastertheGap.com for additional material.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.