my view on gaps is that they happen at price points that attract price. it is something that everyone can see. i treat them as an area of support and resistance. so price gets pushed past a level but at some point, price returns to the level that got gapped. old gaps are good for spotting price levels.
thanks for the charts totts and welcome back to aus. the dax dropped like i thought it would but didn't support where i wanted. it will be interesting to see what level catches it. consumer sentiment in the usa is last up tonight and can turn the market. just saw your new chart, thanks
uns
not a long history and positive sign breaking the resistance trend line. now it needs to hold it and create new highs.