
It is a rare opportunity to be able to take advantage of an exhaustion gap. An exhaustion gap is one that shows up as the third gap in a line of technical price gaps. You can see from the chart above that not only are we showing a gapping pattern but we are also bouncing off of a major support level. The two day price pattern that we are seeing today is a Harami Candle which is a bullish sign that the buyers are entering the market.