Unfilled gaps

[efficiency]

I use the Spider (SPY) as the proxy for the SPX.

Gaps can't be forseen. Got nailed this morning. $127.76 to $129.35 with the flick of a wrist.

Attached is a chart depicting (3) unfilled gaps.

Anyone want to discuss unfilled gaps?

 

[efficiency]

Allright, to start things off, I consider the intra-day low of the last day of the year as a focal point. A peg.

In this instance, it was $125.33.

That price point was pierced March 16th.

Coupled with with a rising ATR (my definition of volatility). I became loosely bearish, with that unfilled gap on the chart as a tenative target.

I say loosely since the number of new 52 lows is still behaving itself.

Can YOU think of an unfilled gap on any index that remained unfilled?