Tag: Gap Higher

Following Fri's Rally To 71.24s, Mon's Auction Saw Buy Excess Form At Key Support, 70.80s, In Globex Trade, Before The Rally Continued Higher To 71.75s Into The NY Open. A Minor Probe Higher Developed Early In NY Trade To 71.78s. A Low Volume Sell Response Emerged, Driving Price Lower To 70.72s As Mon's Breakout Above Key Resistance Failed Into The NY Close.... 

Following Fri's Pullback From Structural Resistance, Mon's Globex Holiday Auction Saw Rotation Higher Through Fri's Key Resistance To 67.41s Before Closing Near 66.71s. Tue's Auction Saw Prior Resistance Hold As Support In Globex As A Breakout Developed To 68.69s Near Tue's 2SD High Target As A Gap Higher Formed Into The NY Open. Minor Price Discovery Higher Developed To 68.87s Early In NY Trade, Where Selling Interest Emerged As Buyers Trapped. An Aggressive Pullback Developed To 67.39s, Testing Prior Key Resistance Into The NY Close....