Nasdaq gap down history

fwiw...

Looks like the Nasdaq will gap down this morning by more than 10 points.

Ran a quick history check using data from now-1990.

How does the Nasdaq trade after gapping down 10pts or more?
Specifically, can we expect tomorrow’s close to be lower than today's open?

Results show that the probability of the Nasdaq trading lower after today's gap down are %67.5

 

What gap?

 

Looks like you were right today. Doh!

 

Did you make money?

 

How many times was he wrong?

 

"Results show that the probability of the Nasdaq trading lower after today's gap down are %67.5"
I guess he'd be wrong about 32.5% of the time....

 

Well, would you trade it? and...

Why?

 

Regarding those probabilities...........how much on average would you earn when you're right & how much would you lose when you're wrong???

 

Yes. Leads to how about the distribution and cyclical factors....

At the end comes... the "Why?"s....

Anyways... this thread is going to end unless someone "mentions" some "significant" statistics.

 

The Nasdaq gapped down over 10 points this morning.

I would expect the chances of Wednesday's closing price to be lower than today's open to be about 2-1