Crude Oil Gap UP/DOWN

Discussion in 'Commodity Futures' started by Ripley, Jul 11, 2005.

  1. Guys,

    This is a pattern that I noticed, if Crude Oil gaps down from the previous days close, the equity markets open bullish.

    If it gaps up, equity market open bearish.

    I will try to update this each trading day, but incase if I forget, please update it and lets PROFIT each and every day.
  2. Today:

    Crude Oil Gapped Down: - .90

    S&P UP within 90 mins of the open: +5 pts
  3. Aaron


    Did you make your profit, Ripley? Did you buy SPY or ES at the open and sell after 90 minutes? Or do you trade it some other way?

    Aaron Schindler
    Schindler Trading
  4. doublea


  5. Tuesday, July 12, 2005:

    Crude Oil Gapped Up: + .60

    Markets headed down at the open.