(Imperfect) Island Reversal on SPX
Updated
This pattern looks like an Island Reversal.
The trend should be down just before the island for the pattern to be flawless.
This is not the case, but it gives the feeling that investors are letting dark views behind them for now.
The trend should be down just before the island for the pattern to be flawless.
This is not the case, but it gives the feeling that investors are letting dark views behind them for now.
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