ISLAND REVERSAL HIGHLIGHTS MARKET RISK $SPY $QQQ $IWM $HAS $TLT $TBT $TBF
On May 23, I wrote about the market forming an ominous technical pattern. The pattern I discussed was an “outside day” which is a reversal pattern. Now, days later, the stock market has traced out another reversal pattern called an “island reversal.” You can see the pattern through the link below.