Most of the derivatives that play a more prominent role in the economy are truely controlled by the largest money pool. Central Gangsters.
From the annals of "How to give back 50 points of paper profits?" Second gaps almost always close on the same day...
Almost always and same day? In terms of percetange what is this number to you? Because it's certainly not 90%+, it's far from it, so you are misinforming.
I have a thread on the topic and this rule has been mentioned several times in the previous ES Journals: https://www.elitetrader.com/et/threads/pekelos-2nd-gap-rule.75045/page-3#post-1520662 It is pretty damn close to 90%, actually the % started to go down only after the Brexit... By the way if you don't know the real number how can you say I am misinforming? Also I have a Journal called Gapwatch for exactly this reason, to keep track of the gaps...
"Almost always" is not 70%, not in my book, and yes, I knew the stat, read and did a lot of studies in the past, thanks and inspired by Lawrence Chan, recommended.