Not in love with these gaps

US stock market indexes sporting gaps

Gaps don’t need to fill on any given time schedule, but unless they are pure breakaway gaps they will usually fill sooner or later. So, while we may look at these charts and be concerned about the gaps, you could also project a scenario where they don’t fill until the next major correction or bear market (hello 2022?).

Anyway, here is a daily chart view of the headline indexes and the gaps they sport. Obviously the more recent upper gaps look more capable of filling short-term.

us stock market

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Gary

NFTRH.com