An opening is a hollow in costs which happens when the present day’s prime is under yesterday’s low or when the present days low is above yesterday’s prime. Gaps point out a unexpected trade of route and, if left unfilled, can trace towards a big worth reversal. Till crammed, the space serves as a magnet, drawing costs again into the space, particularly when costs are close by. If an opening is “crammed” by way 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