There is a sneaky gap on the S&P500 of 2 points between this mornings gap up open and low for the day and the prior day's high.
A pullback to fill the gap would also be an exact 1/4 retracement of the rally from last Friday's low to this morning's high.
This morning's close was right between the 3/4 and 76.4% retracement of the move down from 23 September to last Friday.
Very mechanical atm.
thursday trading, page-126
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |