Pre Market Gaps AUG 5, 2024

Pre Market Gaps

Author

Brother Bill
August 05, 2024

Well that was fast.. The S+P is already down at 5115 meaning that the SPY is at 515. If you recall I gave that number last night as the last Support number. If we don’t hold here then 505 on SPY or 5005 on S+P should be respected. Below that would be capitulation.

I’ve been trading morning Gaps since 2011. And I can honestly say it’s not that often that I have seen this many counter play names pop up on the green screen. Time to get to work

Invest wisely, live charitably and be well

Brother Bill

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