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Walter Deemer: Two unfilled gaps remain in QQQ at 687.87 and 711.62

Walter Deemer: Two unfilled gaps remain in QQQ at 687.87 and 711.62
Unfilled QQQ gaps may show trend strength

There are still two unfilled gaps in QQQ: one from last Wednesday at 687.87 and another from Halloween at 711.62.

Walter Deemer emphasized that there is no rule stating that gaps must be filled or dictating how quickly it happens. He added that the pace at which these gaps are filled, if at all, can provide insight into the strength of the underlying trend.

Deemer previously identified new downside gaps in both SPY and QQQ charts, outlining the levels required for a potential fill in recent analysis. Earlier, he highlighted that QQQ had opened a downside gap to be filled at 744.85 and noted two additional unfilled gaps at 759.10 and 720.48 in a prior update. The presence of these gaps has remained a focal point in his market commentary.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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