The gap is interesting as it occurred through an area where...

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    The gap is interesting as it occurred through an area where previous buying support presented.
    The gapping bar has high spread and high volume caused by weak holders and stop losses dumping orders at market.
    Interestingly this bar closed well off it's lows indicating buying was contained in the down bar.
    The bar straight after the gapping bar has a reduced spread and similar volume confirming the presence of buyers which is then responded to positively in the next bar.
    The following bars are drawing out lower and lower volume indicating an exhaustion of supply. Keep an eye out for a successful test?
 
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