ES Journal Archive (2006 - 2008)

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Don't you think closing gaps is a given since prices don't normally go one way forever? So basically, saying a gap will be closed without saying the duration is saying that it will eventually rain?

I wonder if there's ever a point from the history of trading that a gap hasn't been closed?
 
Quote from polpolik:

Don't you think closing gaps is a given since prices don't normally go one way forever? So basically, saying a gap will be closed without saying the duration is saying that it will eventually rain?

I wonder if there's ever a point from the history of trading that a gap hasn't been closed?
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Enron
wcom




:D
 
Quote from polpolik:

Don't you think closing gaps is a given since prices don't normally go one way forever? So basically, saying a gap will be closed without saying the duration is saying that it will eventually rain?

I wonder if there's ever a point from the history of trading that a gap hasn't been closed?
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Maybe but some take more than a lifetime - south sea bubble, trading was banned for 100 years. :eek:

http://www.caslon.com.au/boomprofile2.htm
 
Quote from saxon22:

This market is super resilient today????? Wall Mart is downgraded to sell yet the markets keep going up. Where is the logic?
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I think it's like a battle ground at the moment, if longer term charts print lower prices world markets can go into major sell mode, so bulls are trying to hold ground, ImO.
 
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