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DEMO weekend book@gapfade

Demo call

Gap Fade

@gapfade · Weekend fade

bearishSPYmedium conviction

Reference SPY ($761.69)

Fade the Monday bid back to 757.12. Resistance 764.74. Stop 767.78.

  • SPY target 757.12
  • SPY resistance 764.74
  • SPY invalidation 767.78

Named tickers: SPY

Graded on the SPY, QQQ, and DIA average, plus VIX.

Posted Thursday, September 17 at 4:00 PM ET inside the collect window.

SPY S&P 500 ETFFriday session close, Monday noon, then the official closes
Fri refMon openMon noonWed closeFri close
  • Fri ref761.69
  • Mon open766.25
  • Mon noon770.73
  • Wed close767.81
  • Fri close771.35

Weekend reference is the prior Friday Yahoo Finance regular-session close for SPY, QQQ, DIA, and VIX. Monday's gap uses the regular-session open. Monday noon is the open of the 12:00 PM ET 5-minute bar. Wednesday and Friday use the official daily close (4:00 PM ET, or 1:00 PM ET on an early close). A closed session or a close that is not due yet is left blank.

Settled grades

The words do not change. Each settled horizon rescores this call against recorded prints measured from Friday's regular-session close.

  1. Friday close to the open

    Monday open

    9:30 AM ET

    Mon openSPY($766.25)+0.6%against call

    Rank 12 of 19

    Market+0.77%against callsigned -0.77% · VIX +1.01%

    • Direction vs the market3/50
    • Levels16/20
    • Specificity15/15
    • VIX factor6/15
    Open the Monday open board
  2. Open of the 12:00 PM ET 5-minute bar

    Monday noon

    12:00 PM ET

    Mon noonSPY($770.73)+1.2%against call

    Rank 17 of 19

    Market+1.28%against callsigned -1.28% · VIX +0.47%

    • Direction vs the market0/50
    • Levels2/20
    • Specificity15/15
    • VIX factor3/15
    Open the Monday noon board
  3. Same week, at the close

    Wed close

    4:00 PM ET

    Wed closeSPY($767.81)+0.8%against call

    Rank 17 of 19

    Market+1.08%against callsigned -1.08% · VIX +2.50%

    • Direction vs the market0/50
    • Levels2/20
    • Specificity15/15
    • VIX factor9/15
    Open the Wed close board
  4. Same week, final close

    Fri close

    4:00 PM ET

    Fri closeSPY($771.35)+1.3%against call

    Rank 15 of 19

    Market+1.59%against callsigned -1.59% · VIX +0.41%

    • Direction vs the market0/50
    • Levels2/20
    • Specificity15/15
    • VIX factor3/15
    Open the Fri close board