Symmetry intra day

    Posted by matt on 16th of May 2018 at 11:56 am

    $SPX - Chart Link - we broke symmetry this morning, so lead to a logical higher low.  Price could be targeting the gap fill from yesterday

    Update: Symmetry intra day

    Posted by matt on 16th of May 2018 at 12:32 pm

    $SPX - Chart Link - filled the gap and great example of symmetry once again!

    The gap was not filled.

    Posted by dougmil on 16th of May 2018 at 03:50 pm

    The gap was not filled. The top of the gap is at the Monday 5/14 close, which is 2730.13. The S&P500 index high today was 2727.33, almost $3 short. Your gap is drawn to the opening price of the last 5minute candle.

    you are talking about the

    Posted by matt on 16th of May 2018 at 04:11 pm

    you are talking about the gap from May 10th, I never said that was filled, the symmetry discussed the gap from yesterday which was filled this afternoon. The 5 min symmetry chart doesn't even show the may 10th gap

    Matt, if you draw the

    Posted by dougmil on 16th of May 2018 at 05:35 pm

    Matt, if you draw the gap on a daily chart for S&P500 index, you will see my point.

    I am talking about the

    Posted by dougmil on 16th of May 2018 at 04:28 pm

    I am talking about the gap from Monday's close (5/14) to yesterday's (5/15) open. The tuesday morning gap originated fron Monday's close, the top of Monday's last 5-min candle, which was 2730.13. You drew the top of the gap to the OPEN of Monday's last 5 minute candle, not the close. Yesterday morning there was no trading from Monday's close of 2730.13 down to yesterday's open at 2718.59.  My data comes from the $INX  5-min chart on Tradestation.

    YES the gap was filled

    Posted by matt on 16th of May 2018 at 04:04 pm

    YES the gap was filled that I referenced below, not sure what your get your data from, it was filled on the cash index, you can see it on the chart.  And it filled on SPY which can be different.  I"m talking about the gap down on May 15th Yesterday that's what I discussed with symmetry, not the gap low from May 10th.  

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