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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.