Gap close? It could happen. SPX hit the 100MA and nearly 5 % down from ATHs on today's LOD. Could be enough for a bounce at least. We hit 80/83 from here. If that pops - careful bears.
Yes. Almost to the tick. Those who say the market ain't technical should study the mid-point. Anyway, just a minor stall for now. I figure this could hit 5960 today.
I would be shocked if we filled the gap. The only way I see that happening is if the 10 year reverses.
Well, the market is moving higher for now. At 5 % down it might be enough to lure in some buyers and squeeze some late shorts short term.