SP500 no more gaps to fill

Completely agree with OP, that is why I called the top at 4012 5 hours ago. Now we have some gaps to fill below, the first is at 3800.

To be super technical, the gap was at 4018, and today's high was just above 4012, <6 points left, as good as it gets.
 
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Hunter2020 said:
Let's make a bet. If today's high is the intermittent top, I win and you shall refrain from posting here for 1 month. But if I lose I shall do the same, deal?
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Where did I say anything about a top .... or not a top.

You shouldn't feel inadequate just because you don't have the experience. It naturally takes time ... for everyone to get it to a certain level.
 
Hunter2020 said:
QQQ don't matter Jack when it comes to chart reading. It because QQQ not tied to the stock market interrupter (circuit breaker) but the SP500. So QQQ has no weight in anything where trading is concerned...
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Wrong. Plenty of stocks (not to mention ETFs) have gaps that get filled by traders. There's nothing magical about an index or circuit breaker. The bottom line is you have a bias and are trying to use TA to justify it.
 
MKTrader said:
Wrong. Plenty of stocks (not to mention ETFs) have gaps that get filled by traders. There's nothing magical about an index or circuit breaker. The bottom line is you have a bias and are trying to use TA to justify it.
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SPX (nor QQQ) is not a stock or ETF. It has no obligation to fill a gap at or above/below the EXACT high/low of said gap.
 
Hunter2020 said:
SPX (nor QQQ) is not a stock or ETF. It has no obligation to fill a gap at or above/below the EXACT high/low of said gap.
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Nothing in the market has an obligation to do anything. Do you expect this 27-month old gap for the S&P 500 below 2550 to be filled, too (blue circled area)?

SP 2020.png
 
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