Market Closing Date: Mon 16/10/2017
TuedayLeast likley day for the FTSE to fill it's gapUsually a bullish dayMost likly day in a bull marketTuesdays will often reverse a Monday. You can have 2 opposite trending days following each other. Very rare to see this on any other part of the week.Dividend of 2 or over – Attract late buyers from 3.30pm - 4.30pm. 20 points is the standard.If the closing gap has not been filled then the runaway gap concept will also add buying pressure at 3pm onwards. Look for a strong close. 4.30pm onwards look to go short on any rallies above the close if the FTSE has seen a strong trending day and seen buying into the close.If the FTSE fails to move 10 points above its opening price (8am) on a Tuesday this can negate a bull day and indicate a strong down day – if seen this is a bearish indicator for the current pattern and can indicate a top especially if the dividend is over 2.