International Tiger Day - Friday, page-21

@Jako64 ... Here's Investing.com's Daily SPI continuation chart that shows the "talked_about" GAP(pink) between 5570 - 5547. Now, I'm not too sure of its accuracy as I've noticed that as soon as you switch back to timeframes less that a Daily(4hrs, Hrly 15mins etc) it(Daily, Weekly and Monthly) drops off some data(so maybe only includes data for US futures times?). Having said that, however, I also note that yesterday's high on this Daily chart reached 5549 BUT when you look at any of the lesser timeframe charts there highs only got to 5529.5. Go figure!

Anyway, I have also shown a few other important Gaps ... Grey, now filled BUT was initially the catalyst for our last correction since our Feb low and which has had a successful backtest just a few days ago. It will be interesting indeed if the (pink) Gap is the catalyst for another reasonable correction(like the 400pt fall of our last) or merely a just another backtest of the (old) grey level or a fall to the test the blue bull one(note: the previous bull one ... orange ... was filled by our last correction and was the catalyst level for our current run up. Of course, this pink Gap could be a furphy and we don't even get a retrace from near present levels!