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the market needs to do all sorts of stuff. your characterization isn't entirely accurate, as is mine
i used "need" in place of likeyhood.
YM needs to close the gap down from yesterday. (NQ & ES have already done that)Wouldn't be suprised at all if that kept ES and NQ from falling till its accomplished.
My charts show YM opening gap from yesterday was filled yesterday. There is 5pts or so remaining from today's YM opening gap, in process of filling right now. There is a remaining YM opening gap of around 20 pts from 5/26/14, and a runaway opening YM gap from 5/21/14 .
What gap are you referencing that "needs" to close?