@lockittIn 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
