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To: timers who wrote (69989)2/21/2001 6:24:42 PM
From: Roads End  Respond to of 436258
 
Look at Thursday's stick.
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To: timers who wrote (69989)2/21/2001 6:58:19 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
an island reversal occurs when there is a day of isolated price action on a chart, or even a longer period, framed by gaps. i.e a gap up, then a period of price action above the gap, followed by a gap down. or vice versa, in which case it's a bullish island reversal.

an early April high seems likely, followed by selling into May at this point.


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