Regarding the "" case for an island reversal.""
Gooe eye Khall, Yes - We did get a gap higher Today - 1087.25 to 1090.25 -- but -- To have an Island with the 1080 - 1082.5 gap 5 bars back - It would have to remained open. It was filled 3 bars back by the spike to 1107.25. Had that spike bar not occurred, you would of had 2 gaps - which some might of called an Island, and I guess maybe that is technically right. I prefer an Island to be a see-thru gap which means they are basically straight across, Then theres no doubt. Anyhow, if that gap remains open, there must be something going on we have yet to see or hear about. thanks
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