Indeks S&P 500

The battle of the Gaps on SPX hourly

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Not that much interesting happening yet today on the SPX hourly, but it does appear that whoever can guess which gap fills first, 3000 or 2850, will be in for a profitable trade. the Daily bar (not pictured) failed to hold over .618 Fib from the recent bottom, but with trend still pointed up and to the right in the last could of weeks, It's getting harder and more costly by the day to bet on these lower gaps.

No call from me, but I'm watching very closely.

Penafian

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