Gap and Trends: S&P 500

Today 9 out of 10 sectors in the S&P 500 closed in red..! best performers materials with +0.35% and worst performer Energy with -2.57%.
chart 1: 6 April 2020: Breakaway Gap: Breakaway gaps often occur early in a trend and show conviction in the new trend direction.
chart 2: 18 May 2020: Runaway Gap: occurs when trading activity skips sequential price points, usually driven by intense investor interest.
chart 3: 11 May 2021: Exhaustion Gap: This technical signal marks the potential change from an upward trend to a downward trend.
chart 4: Crossing and close Below the support Line, lower close in the last 20 days, cross below the last 30 days low.
Educational Articles:
1- https://www.investopedia.com/terms/b/breakawaygap.asp
2-https://www.investopedia.com/terms/r/runawaygap.asp
3- https://www.investopedia.com/terms/e/exhaustiongap.asp
4- https://www.investopedia.com/articles/trading/05/playinggaps.asp