S&P nearing a 2% gap down this morning (though it may not make it). Might be a gap you want to fade, Quantifiable Edges blog says after looking at large opening down gaps back to 1994. "The edge remains squarely bullish."
The trouble with looking into the past is that it correlates poorly to the future. There are leading market analytical tools that look into the future if you know how to read them.
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