Chartist. ..Gaping Gaps

[john_1]

Hey Chartist, I have noticed that the the Gaps are closing with less reliability, somthing I have sensed might happen, I was wondering what your coments were on why, or on what, that has shifted in the market that would make them less reliable at this time.

[saash]

On Wednesday we gaped up, that gap was closed yesterday after gaping down. We then rallied to close yesterdays gap down, and then fell further. This morning we gaped down - and the day not over yet, we could rally to close.

[#3]

not could ...will...

[john_1]

That's what I like you about you Chartist, no shortage of confidence in your view of the market.

[#5]

that was not a view it was a decree...

[john_1]

My point exactly!

[#7]

major test of support for FTSE today and it passed....gotta look out for those long reversal tails on the hourly charts...

[john_1]

saw it and went for the closing rally. looking sweet so far.

[saash]

Not closing today.

[AJDK]

Cant see it happening either. Sure hope it would coz im long on ALSI...