Equilibrium …. or gaps to fill?
As of this morning’s open, the market is very close to where it started the year (S&P 1115), but also shows three promising unfilled gaps to the downside for aspiring bears to shoot for:
It may be awhile before we get down to the 1050 area and fill that September 1st gap, but the jobs report gap from Friday the 3rd at about 1090 came oh so close to being filled on Monday.
There’s 20 points sitting right out there for those who dare!
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