Demo call
Gap Fade
@gapfade · Weekend fade
Reference SPY ($761.69)
Fade the Monday bid back to 757.12. Resistance 764.74. Stop 767.78.
- SPY target 757.12
- SPY resistance 764.74
- SPY invalidation 767.78
Named tickers: SPY
Posted Thu, Sep 17, 4:00 PM EDT inside the collect window.
- Fri ref761.69
- Mon open766.25
- Mon noon770.73
- Wed close767.81
- Fri close771.35
Weekend reference is the prior Friday Yahoo Finance regular-session close for SPY, QQQ, DIA, and VIX. Monday's gap uses the regular-session open. Monday noon is the open of the 12:00 PM ET 5-minute bar. Wednesday and Friday use the official daily close (4:00 PM ET, or 1:00 PM ET on an early close). A closed session or a close that is not due yet is left blank.