per-chart, page-405

@lockitt

In conventional gap theory, there is only a gap if the trading range of day 1 is outside the trading range of day 0

Friday’s range was 7.3-7.6; todays was 7.5-7.6

IF todays was 7.7-7.8 (as an example); there would be a gap between todays low (7.7) and Fridays high (7.6)

Now please explain yours …

As to the decline in the SP since mid March; that is put to the delay in full recruitment, plane & simple. They previously guided end-March; whereas we are still waiting in late April.

You’re letting this fact enable your confirmation bias to think it’s due to gaps which aren’t there in conventional gap theory