Recently, I always hear people mention the theory of filling gaps and the theory of the biggest pain point, and they use it to explain the market at every turn. I really get annoyed when I hear it

First of all, the starting point of these so-called "theories" is reasonable. Moreover, if a retracement is really made, the probability of being established may be relatively high
However, correlation does not equal causation.
Taking the gap theory as an example, it is said that if there is a price difference (gap) when CME closes on Friday and opens again on Monday, then the price difference will most likely be "covered" in the future, that is, the price will return to Friday closing price of
It sounds very metaphysical and high-level, it can predict the future trend, just open an order to fill the gap on Monday
In fact, think about it seriously... Most of the time the market is an invalid market, characterized by oscillating back and forth. The characteristic of shock is that the probability of repeatedly touching a certain price becomes higher.
This is the core element of the so-called high probability of "filling the gap", and it has no causality with the gap.
Of course, in addition to this core element, it is because of CME transactions, liquidity recovery and other reasons that the prices between the closing and opening periods have a certain pattern and there is a causal relationship. But this relationship does not necessarily point to "filling the gap"
The so-called biggest pain point theory is also similar, including the bottom layer that has nothing to do with cause and effect, so let’s talk about it next time when you are in a good mood.
Brain is a good thing. If you don’t have one, at least you should know that most people don’t either. Don’t follow blindly.