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Gapped down, covered gap, short bodied candles -> No trade tday

5 min Emini Nasdaq 100

Hi,

How is it going lately? Price gapped down and price remained below my green moving average for sometime before cutting up again
with a last spurt upwards towards the closing bell in order to close the gap.

Can you trade this? It is almost impossible to trade this pattern, no obvious signals.. No trade today.

Posted by Michael Taylor on June 8, 2009 5:45 PM |

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