@slbrown
On the Daily, there are no open "Outside" gas that I can see that fit into the 30 period look back statistics.
There are 4 open "Inside" gaps that may or may not fill. Two of these are in the 15 period statistical time frame that has an 89.9% close rate.
The closest is at 40 - 40.5 on the 24 - 25 May. The next down is on the 19 - 20 May at 38 - 38.5
There is an open "Outside" gap back on 16 - 17 March at 35 - 35.5 which may attract attention if we are filling those inside gaps, particularly the lowest one.
The weekly has only one open "Inside" gap. That is at 36.5 - 37 5 weeks ago on the 13 - 20 weekly bar. These have a 91% closure rate.
It is worth noting that yesterdays low is almost at the 61% Fib level on both charts & one would normally be expecting support there & potentially a bounce but these are not normal times & we could easily go down to the mid 30 area if that is where the MM wants it to go.
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