Hi @djwillis
Here's the gap statistics:-
Approx 67% close the same day
Another 20% close within the first 30 days
Another 5% close eventually
And 8% Never Close
Breakaway gaps and Runaway gaps make up the majority of the never close statistics.
Will isx's current breakaway gap close? Got a very good chance that it won't, based on the quality and quantity of short term news flow hitting the market, keeping the sp momentum trending upward.
The gap @23 you mentioned, would now (you'd hope) be in the 8% never close category.
Time will reveal all!
Cheers
Tradealot
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