Watch Out For a Gap Reversal

April 17, 2026
Author: Peter Stolcers, Founder of OneOption
Author
Pete

A gap up to a new all-time high after a strong run often attracts profit takers.

PRE-OPEN MARKET COMMENTS FRIDAY - The market has been in a very strong trend the last two weeks and it has climbed 10% in that time. Moves of this magnitude will attract profit taking and it is common to see that on a big gap up to a new high.

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