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CryptoGlyn
Jul 25, 2024

CME Gaps, used to garner much attention but now not many stories on this. A gap is created when trading ceases on CME, in general, over the weekend. A CME gap doesn't have to be filled but most are (95%+?). However, most gaps are filled post Sunday usually by mid-week...a few can run into weeks or months. 

Tradingview. CME screenshot 25/7/24 07:40 UTC.Tradingview. CME screenshot 25/7/24 07:40 UTC.

But here's a gap from Sunday 14th and quite a spread too. BTC has for the last couple of days reversing once again down some $4.5K, and one could ponder that it 'may' hit this gap soon.πŸ€”

A question for the 'experts': Will it fill and how relevant are CME gaps nowadays? I ask given minimal news out there when some years back it was a much talked about topic.

Cheers, CryptoGlyn πŸ¦†

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