Market Is Bullish – Buy Gaps Down

March 4, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

Gaps down are the best day trading set up. We wait for support and enter with confidence knowing that we are joining the longer-term up trend at a good price. Here's the game plan today.

PRE-OPEN MARKET COMMENTS MONDAY – The market staged a nice rally Friday and it made a new all-time high. Typically, after a big move the previous day, the market rests so that is what I expect today. Overseas markets were flat and the S&P 500 will start on a soft note this morning.

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