Gaps are not usually discussed as part of Rick’s proprietary system but its something in my bag of tricks that has produced results for me. I have noticed when there’s a gap right after point ‘A’ there’s a very high probability it’s the ‘A’ you want to use. It’s the same reason why single bars increase the odds of a pattern playing out– there’s some kind of panic that allows the Fibonacci projections to play out. Could it be that gaps are like head and shoulders patterns and you see them everywhere especially if you are looking for them? Perhaps. But in my experience gaps near ‘A’s are associated with too many successful patterns to be just a mere coincidence. Another observation I want to point out with this chart is that although we hit P before dipping below C and breaking this pattern is that failed patterns will still produce reliable P2 and d targets. So set alerts at 27,019 and 28,239 as I believe they will produce reactions.