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Re: weazelboy post# 41929

Tuesday, 10/23/2018 10:01:15 AM

Tuesday, October 23, 2018 10:01:15 AM

Post# of 46663

GDX should rip higher to fill that gap at 20.50 out of the gate this morning.



And it did just that. Ran to fill gap at 20.51 exact touch on daily (hourly gap is at 20.54 and still open)...but an immediate hard reversal creating a long upper-wick on the first candle of the day. This doesn't typically result in higher action...meaning, we potentially saw the HOD within 5 minutes of opening. It's broken a few of the "typical's" recently...so, let's see if it'll do it again.

Notice how close of period came back down right within upper Kelt.