tristan.rhodes

SPY = island reversal

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
2
We had a large gap up (onto the island) then a few days on the island, and this morning we just jumped (gap) back into the ocean. So far, this looks like a classic island reversal, unless the bulls can close the gap on the right side of the island.

en.wikipedia.org/wiki/Island_reversal

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