Hi, does anybody have experience with imbalance and opening cross data? How does one use this data to estimate the open price? Can the imbalance information be potentially used to identify when you have a thin book and thus the potential for a large movement?
============== Mr Noc; I think Don Bright/Bright Trading has written/traded on this stuff. Not really; but theer has been a nice trend of , in bear markets- price usually gaps down. Reverse that for bull markets/bull trends. As Rich Dennis so practically put it'' there is an insurance premium for overnight holds...'' 'Not a prediction, simply wisdom.