Key reversal
A one-day reversal pattern that occurs when a market makes a new high (or low), preferably a spike high (or low), and then reverses to close at or near the low (or high) of the price bar. The implication is that the market has experienced an extreme intraday sentiment change and a reversal is likely.
Articles related to Key reversal
June 23, 2008
Rick Alexander
Could there be a key reversal on the horizon for energies? Find out more about these and other futures prices, including grain, cattle, and precious metals.
(more)Kevin Haggerty
If you played the opening reversal (OR) above the previous high, it was a good run
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