Stock Markets Analysis and Opinion

Mind The Gaps

2022.04.14 08:06

Below are six major U.S. stock market indexes—the Dow Jones, NASDAQ Composite, NASDAQ 100, S&P 100, Philadelphia Semiconductor Index and S&P 500. I merely share this to illustrate the importance, and the consistency, of the price gap that was defined last weekend.

I have anchored each recent horizontal to the same gap. Let’s just agree that it would help the bears an awful lot if we managed to stay below these gaps.

Mind The GapsDow Jones COMP Chart

Mind The GapsNasdaq COMPQ Chart

Mind The GapsNDX-100 Chart

Mind The GapsOEX:S&P 500 Chart

Mind The GapsSOX Chart

Mind The GapsSPX:S&P 500 Chart

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