Commodity ETFs Form Bullish Reversal Candlestick Patterns

Gold and energy equity ETFs formed bullish engulfing candlesticks during today’s trading session after printing bullish hammer reversal candlesticks yesterday:   GDX (Daily)     OIH (Daily) The backtest results for a bullish engulfing candlestick in OIH are especially impressive … Continued

Between A Rock And A Hard Place

The Federal Reserve finds itself in a tricky situation heading into Wednesday’s FOMC announcement. There has been a considerable build-up over the past several weeks (primarily from strong employment reports) which has led to the market anticipating a 25 basis … Continued

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