@bilsto You don't think it's already discounted by the Forex markets?
@AverageJoe is very good when it comes to Forex Trading.....he may have some insight....
I had a bad day at the BAR today, and didn't even have a drink.......other holdings almost compensated.
I'm still trying to figure which of the four gap types we saw on that stock yesterday, for any interested chartists....I think either runaway or exhaustion. The former is NOT typically filled, the latter is, and quickly, and it happened today...filled...more than filled. A worry. We climb a wall of worry...I'm a worried man.
Here's a good reference when it comes to gaps, which are not always filled, contrary to conventional wisdom (which is rarely wise):
http://stockcharts.com/school/doku.php?st=gaps&id=chart_school:chart_analysis:gaps_and_gap_analysis
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