cyclic's - letting the madness out thursday, page-184

eemrw

gap fills are close to 98% on all inside types. Gap traders often do so well simply because of their fill rates.

Outside gaps such as continuation have a fill rate around 70-75%.

Percentages are calculated on all available post data and don't factor any time frame. Generally inside gaps are filled fairly quickly, outside gaps can take years.

The true open on JO today was 4157.5, yesterdays high was 4119.8. That gap will fill.

Cheers