Quick Frame of Midget Bowling

In the near-term this unfilled gap for the shorties in the small cap-dominated IWM (ETF for the Russell 2000 Index) is almost jumping off the page. The gap is not only from last Thursday but also 11/7, as you can see below. However, the key will be judging how the market reacts to the gap-fill, whether we see it merely as a perfunctory necessity of price action before go continue with the rally higher or if this is the start of a deeper pullback.

Also note this could be yet another bear trap since 11/16 since the gap-fill sure does seem obvious to anyone with a chart and may not actually happen.

__________________________________