Another Look At A Potentially Bearish Inside Day

The study below looks at days like Tuesday where the market gaps higher, never fills, and moves higher from open to close without making a higher high. It was last seen in the 3/27/13 blog. I have updated the results.

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Implications here appear somewhat bearish, with most of the damage occurring on day 1. This may be worth keeping in mind as traders formulate their plan.


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