Professional gap
Selling is interrupted at the open
A gap clears the recent high and the prior red bar, then starts a new advance.
D0 = gap day. D-1 is the previous session; D+1 is the next.
Chart guide
Each candle represents one trading session, not a calendar day. SMA means simple moving average. The 20 SMA averages the last 20 session closes; the 200 SMA averages the last 200. Both use illustrative prices, including reconstructed earlier closes. Hover to inspect prices. Click, tap or use arrow keys to move the linked replay.
The first pullback holds above the old range
The advance is uneven, with pullbacks and wicks. The change matters because price continues to build above the gap.