TRADING TIPS

Gap Trade Tips

Hubert Senters here. Let’s look at the Dow. I’m doing this video at 2:30. It doesn’t really matter when I do this video. This is what I want to point out to you. When you have a massive uptrend like you have now on the Dow is the Nasdaq, Russell, All of them are pretty trending right now. The Dow is up $300 too. Yesterday, it had a gap up situation in the Dow. And it filled it fairly quickly. Now, when you have a gap up and you have a massive daily uptrend it tends not to fill it as well. It tends to be a gap and go situation so it’s going to gap and then go higher. Same thing is in reverse if you had a massive downtrend a gap down would tend to gap and go lower where it gap up would tend to fill that gap so. Hopefully that helps you when you’re trading intraday trying to be a day trader. Good luck. Hope it helps. See you on the next video. Hubert.

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