December 28, 2021

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

The Power Of Island Reversal

Please click here for a chart of  S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

• The chart shows the island reversal pattern.  We previously shared this pattern with you when it was in the process of forming.
• The chart displays the power of the island reversal pattern showing four consecutive bullish days.
• The chart shows a breakout to a new high.
• The chart shows the breakout is on low volume.