A Big Gap Up That Wipes Out A Big Loss Yesterday

After closing down more than 1% yesterday, SPY is set to open up enough to erase all of yesterday’s losses. I decided to look back at other times this has happened.

SPY Big Gap Up Erases Yesterdays Loss - Open to Close Results

Not exactly a consistent edge, but I thought the general upside tendency might be worth noting for some intraday traders. Good luck trading today!

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