An opening is a hollow in costs which happens when the present day’s top is under the day gone by’s low or when the present days low is above the day gone by’s top. Gaps point out a unexpected trade of route and, if left unfilled, can trace towards a significant worth reversal. Till crammed, the distance serves as a magnet, drawing costs again into the distance, particularly when costs are within sight. If an opening is “crammed” by means of next worth motion, it has a tendency to lose its predictive energy.
Walt Breitinger, Paragon Investments, Inc.|
DBA Breitinger & Sons, Commodity Futures Agents
800.411.FUTURES (3888)
www.indianafutures.com