20080909

It seems market did not want to close the gap now and we are still well under it:



The WIG20 Index also moves just below its gap:



The wide marked could not close the gap, even after dynamic rally in US. That's not a bullish signal for sure. Nevertheless, the market still does not make lower low and keeps above trend line.

The US market showed tremendous volatility (take a look at Brian Shannon video here) and closed very low. I wonder how WSE will react to that and if the trendlines will hold tomorrow.