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But I guess that's also where I'm llost, because I'm not exactly seeing how a gap is a failure of an indicator.
no no, failing to fill a gap is a failure of that gap as an indicator. I do look at gaps and some examples of it can be seen on ONT...it gapped up, came back down to fill the gap and is now moving back up. If I had the money, I'd have bought into it when it filled the gap and would have made some nice green since and in the future.
SPAR will show you an example of a gap that didn't fill. I don't think that it is going to go back down and fill it now so I missed a good entry point on it by waiting for it to go down when it just kept climbing upward