Special Gap rules on DRV are 5/5 so far this year
Based on the 2013 publication of the Journal of Technical Analysis, first article, "Analyzing Gaps for Profitable Trading Strategies," I am noticing that you could have used these following criteria to create 5 profitable trades this year on DRV.
Look for:
A larger green candles,
red candle on day before
Green candle crosses the 10-day moving average
Above average volume
DRV is a bearish, leveraged ETF designed for shorting the U.S. Real Estate market. This might continue to yeild great trades through 2023.
Look for:
A larger green candles,
red candle on day before
Green candle crosses the 10-day moving average
Above average volume
DRV is a bearish, leveraged ETF designed for shorting the U.S. Real Estate market. This might continue to yeild great trades through 2023.