Mind the Gap!

٣٠ سبتمبر ٢٠٢١

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.

١ أكتوبر ٢٠٢١

ملاحظة

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

٦ أكتوبر ٢٠٢١

ملاحظة

Still waiting for the gap fill. 🤞

٧ أكتوبر ٢٠٢١

ملاحظة

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

٨ أكتوبر ٢٠٢١

ملاحظة

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.

١١ أكتوبر ٢٠٢١

ملاحظة

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

١٣ أكتوبر ٢٠٢١

ملاحظة

Possible inverse H&S forming

١٤ أكتوبر ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

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

١٤ أكتوبر ٢٠٢١

ملاحظة

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