Looking at how many times we have gapped and ran all day, the stats no longer dictate the gap and trap as often as before. Dart throw on the open IMO the past several months.
I know what it is, my point is c fed people should be aware of them. mkt opened at r1 (gap up) traded to the pivot stopping out the early longs and is now likely bouncing off the pivot, but to each his own.
eur/usd following a very sharp set of trendlines in the 5/15. Not overly correlated with S&P at this very moment, but the trendline touches are.