Market Is Bullish – Buy Gaps Down

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

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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