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NWOG/NDOG (TABBY)

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NDOG — New Day Opening Gap

NDOG refers to the price gap between the previous trading day’s close and the new trading day’s open.

In markets that pause between sessions (like many futures or forex sessions under certain timezones), NDOG pinpoints a “liquidity void” created overnight — a region where no trading occurred.

When price opens higher than previous close → that’s a bullish gap; when opens lower → bearish gap.

NWOG — New Week Opening Gap

NWOG refers to the gap between the closing price at the end of the previous trading week (e.g. Friday close) and the opening price at the start of the new week (often Sunday evening or Monday open, depending on market).

Because weekend (or off-session) events — economic news, geopolitical developments, global sentiment changes — can shift demand/supply when markets are closed, a NWOG often reflects that shift as a visible jump or drop in price once trading resumes.

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