SmarTrend's candlestick pattern scanner has detected a bearish engulfing pattern for shares of iShares MSCI EAFE Growth Index (NYSE: EFG) since the stock closed below $53.41. Yesterday, this company ...

SmarTrend's candlestick pattern scanner has detected a bearish engulfing pattern for shares of Invesco (NYSE: IVZ) since the stock closed below $20.27. Yesterday, this company traded 9,980,125 shares, ...

The greatest tool technical analysts use to predict the direction of stock price movements is candlestick chart patterns. These charts consist of numerous patterns formed using a cluster or series of ...

Candlestick patterns are a great way to spot changes in investor sentiment and possible reversal points in the price of an asset. However, the inverted hammer candlestick chart pattern can be easily ...

The equity market is fueled by consistent buyer and seller sentiment, which determines whether market indices increase or decline. However, there are times when neither the purchasing nor the selling ...

One highlight of the event was Steve demonstrating how he spotted Apple’s early market reversal signal well in advance of western technical analysis and how traders could have capitalized on this ...