That's what brackets and oco orders are for. I've always been a night owl so it doesn't really bother me. But I rarely stay up all night trading anymore. Mostly just set my traps and let the computer do the rest. I'm often up around 3 am est and then again around 5:30 est to start the day.
The rule is for 2nd consecutive gaps, and the more days are between the gaps, the less likelihood is for the automatic gapclose. After 4-5 days, it is back to 50%... By the way we have just closed the upgap from 4 days ago...
I think we are in the downtrend from now on. As "the top is in" downtrend... Tomorrow also will be red...
There will be no "next top" for a while. I think the top occurred on March 1, 2017. What's been happening since then is a charade to obscure that event.
I'm laughing at cnbc for today's reasoning on the selloff....they use the most lame excuses for a sell off.....hahaha Market concerned Trump will scare away best advisors with Gary Cohn at the top of the list Stocks sold off and the Dow saw its biggest drop in three months amid market worries that President Donald Trump's advisers will jump ship, leaving him unable to push his pro-growth agenda. White House economic advisor Gary Cohn, well regarded on Wall Street as a voice of reason, was rumored to be among those preparing to leave, but the White House denied the rumor. The president's comments that appeared to defend some of the people who marched at a white nationalist rally after deadly violence in Charlottesville, Virginia, have driven corporate leaders away from the White House. https://www.cnbc.com/2017/08/17/market-concerned-trump-will-scare-away-best-advisors.html