After bad news & big dip, chances of recovery before end-of-day?

Discussion in 'Trading' started by Option Trader, Nov 16, 2010.

  1. I know we have seen the market recovering very often before the close over the last 1-2 years, but has anyone been monitoring if this has been happening also on days where there was very specific negative news (e.g. today)?
  2. jokepie


    IF we recover sharply or this week, then we might have a chance to resume the run up. Else...
  3. I am asking for what has happened historically in such situations, and I'm not sure what you are telling me...
  4. LeeD


    It rarely fully recovers the same day unless positive news comes out later on... but as Jokepie has pointed out it may well recover in the next few days or even overnight.

    Edit: ES Journal is probably a better place to ask this question.