S&P futures gaps

Jason Goepfert
2017-12-04
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For those who don’t follow the premium Twitter account, which you have access to if you’re receiving this message, following are some of the studies and indicators that were posted today. If you’d like to follow the Twitter account, please request to follow @SenTrader_Prem on Twitter then send an email to admin at sentimentrader dot com to let us know your Twitter account name.

These are posts from earlier today.

They are reference the large gap up in the stock futures, which have had a strong history of showing limited gains from the open.

In these cases, the 52-week high referred to days when the futures had traded above the prior 52-week high at some point during the previous day. There was a strong negative bias over the next couple of sessions.

That was especially true if it happened on a Monday.

Or even in November/December.

With a negative close on Monday, the futures carved out one of the largest negative reversals from a high since their inception.

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