Hang with me on this one Matt. When you say "We filled yesterday
mornings (Tues) gap from the previous day's (Mon) close." And what
was Monday's close? It was 2730.13. Check it. You have drawn
the top of your purple gap box at around 2727, which is incorrect.
Fact is today's high of 2727.76 is still over 2 points short
of Monday's close of the $SPX. Raise up the top of your purple gap
box to Monday's close at 2730.13 and let's see if she closes
tomorrow.
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Hang with me on this
Posted by dougmil on 16th of May 2018 at 08:27 pm
Hang with me on this one Matt. When you say "We filled yesterday mornings (Tues) gap from the previous day's (Mon) close." And what was Monday's close? It was 2730.13. Check it. You have drawn the top of your purple gap box at around 2727, which is incorrect. Fact is today's high of 2727.76 is still over 2 points short of Monday's close of the $SPX. Raise up the top of your purple gap box to Monday's close at 2730.13 and let's see if she closes tomorrow.