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Market structureIntermediate35.6k views

Do Gaps Really Fill? Looking at the Numbers

Kenji classifies gaps by cause and size and shows how differently each group behaves through the first hour.

Kenji SatoGap trading

Written summary

The phrase gaps always fill is doing a lot of damage. An earnings gap with a fundamental repricing behaves nothing like a sympathy gap on no news. Classify first, then decide.

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