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S&P 500 Positive Gap Openings

For the 16th time since the start of 2008, the S&P 500 tracking ETF (SPY) is set to open up more than 2% versus the prior day's close.  Based on the 15 prior occurrences, the average change for SPY from the open to close has been a gain of 0.32%, with positive returns 60% of the time. 

SPY Gaps   

January 28, 2009 at 08:47 AM in Market Analysis |

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