Market Analysis for Trading on 9/15/2016

Mish Schneider | September 15, 2016

A Market That Roasts Red and Green Chile Peppers roasting in a slow-turning drum under high heat. It’s chile season in the Southwest. Tuesday we saw Uncle Sam standing tall over Hatch, New Mexico holding a green chile in one hand with a much larger and hotter red chile by his side. After Monday’s engulfing bullish pattern (BEP) in Biotechnology (IBB) which has neither confirmed nor failed since, both red and green chilies are wafting

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