Does SPY gapped filled mean end of rally?

[flipper me]

filled gap holidng up well. Does not look like there will be any type of rally that would bring it back to the gap. The gap looks to hold through year end.

 

[flipper me]

the gap continues to hold. any rallies may only serve to form a right shoulder pattern on the index.

 

[flipper me]

Quote from Trvlwanderer:

likely see 1080 though before a drunken stagger sideways and then into the gutter.

Nice call so far.

 

[NoProblem]

Heading up to test the gap as resistance (on lower volume) - a good place to enter a short - IMO.

 

[flipper me]

Quote from NoProblem:

Heading up to test the gap as resistance (on lower volume) - a good place to enter a short - IMO.

First good place to short is spy 108

 

[flipper me]

wow, cannot believe the spy is back at the gap. Now what?

 

[suriNotes]

Here is SPY's Gap Chart with Gap >$1 in the last 500-days.

Regards,
Suri

 

[flipper me]

Quote from suriNotes:

Here is SPY's Gap Chart with Gap >$1 in the last 500-days.

Regards,
Suri

Interesting chart. Thanks!

 

[flipper me]

Quote from flipper me:

The SPY gap at 109-110 that occurred last October has now been filled.

critical day today right on th filled gap. expect volatility above and below spy 110

 

[flipper me]

gap failed to hold again = lower prices ahead