Below we highlight the largest down gaps in the S&P 500 tracking SPY ETF since 1994. As shown, when gapping down 2.5% or more, the ETF has traded higher 8 out of 9 times for an average gain of 2.69%.
Below we highlight the largest down gaps in the S&P 500 tracking SPY ETF since 1994. As shown, when gapping down 2.5% or more, the ETF has traded higher 8 out of 9 times for an average gain of 2.69%.
