Strength of the market is determined through GAP analysis.Helps to locate current phase of the trend(early phase,terminating trend).GAP appears due to difference in trading range.
Area GAP
Breakout GAP
Runaway GAP
Exhaustion GAP
Breakout gap signifies the aggression of traders(Buyers/sellers)
Runaway gap appears after a breakout.
The runaway gap filled on the same day which appears after the trending zone is said to be exhaustion gap.