Author: Bruce Powers

PowerShares Wilderhill Clean Energy Portfolio ETF (PBW) is just starting to break through the neckline of a Head & Shoulders bottom reversal pattern. Neckline resistance was at $9.80 with the target for the pattern at...

Numerous iShares MSCI Country Index ETFs have recently rallied off small Head & Shoulder (H&S) bottom reversal patterns. Most have not yet reached their targets based on the measuring objective determined by the...

Starting in January 2009 the Vanguard Total Bond Market ETF (BND) formed an almost nine month base before moving out of it in late September 2009. It has since formed a Bullish Symmetrical Triangle consolidation pattern over the...

iPath Dow Jones-AIG Copper Total Return Sub-IndexSM ETN (JJC) deserves to be watched as it sets up for a good entry. Upon hitting a high of $48.25 on January 6, 2010 JJC dropped $9.80 or 20.3% over subsequent weeks before...

SPDR S&P Homebuilders ETF (XHB) has been forming a Bullish Symmetrical Triangle pattern over the past six months and may be ready to move out of it. Since the trend prior was bullish, the breakout is likely to be to the...

A large Head & Shoulders Top has been forming on iShares Barlclays 7-10 Year Treasury Bond Fund (IEF). This pattern has been forming since March 2008 and is now getting very close to confirming and breaking to the downside....

United States Natural Gas Fund ETF (UNG) breaks down out of a Symmetrical Triangle consolidation pattern yesterday on above average volume. A move through support at $9.22 (bottom of triangle) indicates that UNG may touch...