On November 9th , the SPX closed at 3,748.57. It opened at
3,859.89 the next day and that was the low of the day. The market
closed at 3,956.37 on November 10th. One can miss this if not
zooming in to another time frame. The market never looked back and
filled the gap at 3,748.57 so far.
I posted this on December 16th regarding that open gap and
several times prior. The actual number is
3,748.57, the close price from November 9th. Notice the cash market
opened at 3,859 the next day and the lowest it went was yesterday
at 3,764.49.
Date
Open
High
Low
Close*
Adj Close**
Volume
Dec 22, 2022
3,853.26
3,853.26
3,764.49
3,822.39
3,822.39
3,956,950,000
Nov 10, 2022
3,859.89
3,958.33
3,859.89
3,956.37
3,956.37
5,781,260,000
Nov 09, 2022
3,810.94
3,818.20
3,744.22
3,748.57
3,748.57
4,645,010,000
So the gap at 3,748.53 still stands from everything I can see. I
would like to see data to the contrary if that is not correct. Not
a chart as charts will not show the actual number on a particular
timeframe. I've had this happen in the past, so I always make a
note of the number and refer to prices rather than charts for these
figures.
There is also another below that at 3,583.07 still open. Many
gaps above as well.
Gap closers becoming confusing
Example. SPX Nov 9 close, I agree is
3,748.53. the Ihgh of the day was 3818.20. I see some technicians
using the high of the day for gap close, and some using close of
day for gap close.
Matt: which
is correct in your "tool box" ?
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Is the SPY headed to
Posted by rbreese on 16th of Dec 2022 at 07:29 am
Is the SPY headed to the 3818 GAP fill?
On November 9th , the
Posted by fundamentalvalues on 16th of Dec 2022 at 07:47 am
On November 9th , the SPX closed at 3,748.57. It opened at 3,859.89 the next day and that was the low of the day. The market closed at 3,956.37 on November 10th. One can miss this if not zooming in to another time frame. The market never looked back and filled the gap at 3,748.57 so far.
I posted this on December
Posted by fundamentalvalues on 23rd of Dec 2022 at 09:11 am
I posted this on December 16th regarding that open gap and several times prior. The actual number is 3,748.57 , the close price from November 9th. Notice the cash market opened at 3,859 the next day and the lowest it went was yesterday at 3,764.49.
So the gap at 3,748.53 still stands from everything I can see. I would like to see data to the contrary if that is not correct. Not a chart as charts will not show the actual number on a particular timeframe. I've had this happen in the past, so I always make a note of the number and refer to prices rather than charts for these figures.
There is also another below that at 3,583.07 still open. Many gaps above as well.
Gap closers becoming confusing
Posted by rogerv on 23rd of Dec 2022 at 09:36 am
Gap closers becoming confusing Example. SPX Nov 9 close, I agree is 3,748.53. the Ihgh of the day was 3818.20. I see some technicians using the high of the day for gap close, and some using close of day for gap close. Matt: which is correct in your "tool box" ?