DOWNSIDE GAPS x2
Two Straight Downside Gaps in the S&P 500 ETF New-trigger client note · October 23, 2026 For the second session in a row, the S&P 500 ETF (SPY) never traded as high as the prior day’s close: Thursday’s high of 767.71 sat below Wednesday’s 773.09 close, and today’s high of 763.47 sat below Thursday’s 763.96