GAPS:
gaps has now a days very less or now value to look for trading opportunity due to 24 hr nature of the markets
gap theory usually works well years ago when every day market closes and opens, gap theory was originally built of "daily" time frame gaps
for weekly gaps it is always 50/50
EDIT:
to me trading gaps is 100% gamble, smart traders takes position before any thing like "gaps"
gaps has now a days very less or now value to look for trading opportunity due to 24 hr nature of the markets
gap theory usually works well years ago when every day market closes and opens, gap theory was originally built of "daily" time frame gaps
for weekly gaps it is always 50/50
EDIT:
to me trading gaps is 100% gamble, smart traders takes position before any thing like "gaps"