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Dodgeville, Wisconsin | Gaps are tears in the price/time continuum. Just like Silly Putty, if price gets pulled too fast relative to time, gaps are formed. In the case of Silly Putty, if the pulling action is slow and moderate, the putty pulls with a smooth elongation. If the putty is pulled too fast, then it breaks. The same with chart action, if the market moves in a too rapid movement, there are places where price moves to another level without leaving a smooth transition. Gaps can be used as a portal to view price in the future. Gaps are one of the most powerful charting objects available, if they are used properly. See W.D.Gann’s ‘Tunnel through the Air’ for a closer look at the activity surrounding gaps. | |
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Gaps
