SPY Weekly Outside Reversal
An outside reversal is a price pattern that indicates a potential change in trend on a price chart. The two-candle pattern is observed when a security's high and low prices exceed the high and low of the previous candle's trading session. This past week's high and low exceed the high and low of the previous week.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.