(CVX), gapped higher, meaning it opened much higher than the previous session's close, leaving a gap in the fund's price chart. The broader S&P 500 shrugged at the Oct. 9 higher oil price and the broader energy market concern about the Israel-Hamas war, closing higher that day and ...
I ask traders this all the time when I am teaching technical analysis: “When you look at a chart, what has a better chance of happening?” In fact, we should ask ourselves this question in many situations that do not involve trading, but that is a discussion for another time. As opti...