SPY Island reversal# Stock
f*u
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Island reversals are isolated data points separated by gaps. After an
extended rally the stock "gaps" higher, that is, it proceeds to open outside
of the most recent trading range. After trading in the new higher range
for several sessions, a second gap occurs only this time the move is lower.
extended rally the stock "gaps" higher, that is, it proceeds to open outside
of the most recent trading range. After trading in the new higher range
for several sessions, a second gap occurs only this time the move is lower.