Since the beginning of August, gaps on the open in both directions have pretty much occurred on a daily basis (blue box). When the same thing happened in the last quarter of 2018 (blue box), we saw a rapid plunge in the space of a few days.
Both pink boxes shows that a similar setup may be forming. The question is, will it retest the December 2018 lows anytime soon?
If I had 2 crystal balls, I'd give you a second opinion...😊
