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MP Spoos Mar 3rd




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I think that the last 1 to 2 hours of weekness in the S&P500 caught a lot of people off guard on Friday afternoon and will be the key factor to watch on Monday morning. A gap down on Monday morning may be a gap and go and could be a worthwhile short. My gap analysis has shown March to be one of the poorer months for fading the gap which conversely makes it one of the better months to trade with the gap. A gap with the micro-trend established at the end of Friday may be one of the lower risk trades...