Overnight session:
Bond bid, ES 1292 is still a problem. We still have some gaps below, namely NQ 1906.50 and ES 1275.50, but oil finding R at 115. NQ support is at 1919.50/1922.
Bond bid, ES 1292 is still a problem. We still have some gaps below, namely NQ 1906.50 and ES 1275.50, but oil finding R at 115. NQ support is at 1919.50/1922.
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on Monday, August 25, 2008 at 8/25/2008 12:48:00 AM.
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8/25/08 10:35 AMGood Morning Mark -
I have seen many folks illustrating their definition of gaps and they all vary. Can you illustrate the gap you mentioned (NQ 1906.50) on your Q-Charts screen?
I have finally found someone (you) that knows what he is doing...
Ed Brady
8/25/08 3:35 PM
Hi Edward,
I only know of one valid gap for futures and that is using regular hours and omitting the overnight session. If you use Qcharts, un-check the "all sessions" button and you can see them. In this case, using the 60 mn chart it's the regular session close on 8/21 (4:15 PM) and the regular session open on 8/22 (9:30).
Thanks for the compliment. I'm glad I can help.
Marc.
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