One of the more dependable opening trades of the day is betting that the gap will close on any given security or contract just after the opening bell. The problem is, often it doesn't. While traders kept their eyes on the potential gap-closing this morning, the three critical elements of a Technical Event Concept came together for a short signal in a continued trend down. These three elements are time, price level and pattern. Today's Event Trigger was good for 6 pts in the ES and 12 in the NQ. Learn to identify the specific elements of any Event Concept in the trading course from Valhalla Futures and your skills for knowing which way to trade a gap will increase dramatically.