Why is there so many gaps on the CL daily chart? The only pausible explanation I can think of is that the action is heavy during non-market hours.
The trading session for CL is 10:00 AM until 2:30 PM New York time. http://www.nymex.com/CL_spec.aspx
Yeah. .I know that. But how would that explain the gaps? Would it be because something similar is traded in London? or is it because the trading session isn't long enough and CL moves along with S&P etc?