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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: David Howe who wrote (91153)4/6/2001 5:10:02 PM
From: UnBelievable  Read Replies (1) of 436258
 
The Gaps May Tell The Story

Two gaps, one below from the gap up yesterday and one above from the gap down today.

I don't doubt that it will try to go again to go up. The question is what it does at the gap. ($COMPX 1755 and $NDX 1485). Two attempts today. The second a little stronger than the first, and $NDX a bit closer than $COMPX, but neither printed a single tick within the gap.

Neither, however seemed concerned about the top of the bottom gap, and both traded within that gap.

Looks like a continuation pattern to me. Take a look at the week of March 5 and Feb. 12.
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