Crude Oil Gap UP/DOWN

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.

 

Today:

Crude Oil Gapped Down: - .90

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

 

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

 

1 Hr. ago from Bloomberg

Crude is up in after-hours trading

http://www.bloomberg.com/apps/news?pid=10000102&sid=aM_bSTp98dno&refer=uk

 

Tuesday, July 12, 2005:

Crude Oil Gapped Up: + .60

Markets headed down at the open.