Market Makers took the opportunity today to setup a process of filling any remaining gaps going back to August 2, 2023 and distribute significant quantities of inventory as the financial news media encourages retail investors to move into the markets. This opportunity was coordinated with the financial news media based on lower than expected Consumer Price Index numbers. A very large gap was created in the NASDAQ futures chart today when the CPI announcement occurred. Large gaps in the futures market are all filled within a relatively short period of time.
Stock charts courtesy of StockCharts.com.
