89.50 was broken on decent volume. so once again LIS for bears. Just waiting to see if i get stopped out at 88.99. A level is a level till it gets broken. so SOH. will add to long if 89.50 gets taken out.
Here are some examples. Doesn't seem to be very active anymore but you can get the idea from these posts: http://theopeningrange.blogspot.com/2010/11/opening-range-analysis.html http://theopeningrange.blogspot.com/2011/01/this-is-what-i-look-for.html http://theopeningrange.blogspot.com/2010/12/early-in-month-opening-range-break.html