Will We See a Gap Down on Monday?

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Will We See a Gap Down on Monday?

By Peter Reznicek | Published 04/13/2008 | Stocks | Unrated

Will We See a Gap Down on Monday?

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This week's video deals with a very key S&P level at 1326, which lies just below us. The likely scenario on Monday is a minor gap down into this area and a relief rally.

Click here for the video.

Peter Reznicek is co-founder and Chief Equity Strategist for ShadowTrader.net, an advisory firm that provides intraday and position trading commentary and coaching to its clients. Mr. Reznicek can be reached at preznicek@shadowtrader.net.

Copyright 2008 Tiger Shark Publishing LLC . All rights reserved.

It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.