Mind the Gap!

30 Eyl 2021

Sold a chunk of my SPXU at the close yesterday. Why? Take a look at the gap that formed yesterday. Typically gaps are filled. That's what happened on Sept 20th. We gapped down and the gap was filled days later. So for the near term, I'm expecting bullish movement to fill the gap. Beyond that, I'm expecting the bears to take over.

1 Eki 2021

Not

Well, that could have gone better, but I'm not out. Right now, the market could turn and form a double bottom.

6 Eki 2021

Not

Still waiting for the gap fill. 🤞

7 Eki 2021

Not

Testing this month long resistance. Will SPX break and fill the gap?

8 Eki 2021

Not

We got the break but weak close. So bulls and bears got something today. There's a little bit of a gap left to fill on the upside. Also notice, now we have a gap for the downside. This bodes well for my prediction on Sept 29 that we would bounce to fill the gap then fall.

11 Eki 2021

Not

Lower gap is filled. Now I'm looking for a retracement back upward.

13 Eki 2021

Not

Possible inverse H&S forming

14 Eki 2021

İşlem kapandı: hedefe ulaştı

Gap finally closed! Bought some SPXU, but ready to purchase more tomorrow we continue to climb.

14 Eki 2021

Not

One last note, notice we gapped up this morning...