The reason you can be more aggressive with these is because there is a lot of room to run before the gap is filled (support). Secondly, the low from the prior day could be breached and there is even more room to run. The momentum is set. If you are ever going to fade a gap, you want to fade gaps up when the longer term market trend is down and you want to fade gaps down when the longer term market trend is up. You are getting on the right side of the market.
October 5, 2022