S&P 500 Island Reversal


  • Jason Goepfert

    Jason Goepfert

    Published: 2019-08-08 at 16:40:00 CDT

Traders started pushing up stocks early on Thursday, triggering a gap up in the futures. After Monday’s large gap down, this has carved out an “island” reversal in the S&P and most other indexes.According to Investopedia, the formation has five primary characteristics:1.  A lengthy trend leading ...


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