It does not matter. Just focus to see if SPX could make another new low (below 886). If yes, then it has high probabiliy to be a weak down trend day all day and close LOD. Otherwise, a reversal is possible to occur in the afternoon.
cobra laoda, what is 'open range breakdown'?
lite1067 发表于 2009-5-21 10:35
XLF has been leading since the rally started back in March and it also led during the latest consolidation phase. Today, it gapped below yesterday's close and now has promptly closed that gap. If it c ...
csw2002 发表于 2009-5-21 10:04
cobra laoda, what is 'open range breakdown'?
lite1067 发表于 2009-5-21 10:35
开盘的头半小时(有的是看一小时)的range,叫做open range,理论是说一天的波动都是跟这个open range有数字关系。所以有很多DT setup是根据open range来的。简单的讲,就是open range breakout,long;open range breakdown,short。