G2C (Gap to Close)

G2C or Gap to Close is an alert that that uses a pre/post-market gap followed by a return to the previous day's closing price - typically at the market open after 9:30a EST. Combined with other important indicators (such as nearby pivots and minimum move criteria) G2C setups can become powerful and profitable trades. The TrueTrader Intraday scanner displays these potential G2C setups.

When a stock is coming in towards previous closing price from a gap up/gap down and if there’s a major pivot (monthly/quarterly/yearly) confluence with the previous closing price, there’s good chance of reversal before the stock picks a direction and move further.