When looking at gaps in the SPY as in my last post, buying a break above the 1st half hour of trading and holding until the end of the day would have resulted in 7 winning trade and 3 losing trades.

Unfortunately losers were much larger than winners as they averaged -2.7%. Winners averaged +1.3%.

5 of the winners occurred when the break happened after 10:30 Eastern.

All of the losers occurred when the break happened between 10 and 10:30 Eastern.

Good luck trading today.