Hedge fund ETF may be poised for a breakout. :
Seventeenth century theologian Thomas Fuller started a meme when he wrote “It is always darkest just before the Day dawneth.” Reverend Fuller could have been a stock analyst, for even in the deepest of funks, a stock’s prospects could be bright. Let’s focus on the condition “could be.” Sure, the fundamentals have to be right, but a stock needs to be at a technical inflection point for a rebound. Chart patterns matter. That’s why the price action in the JPMorgan Diversified Alternative ETF (NYSE Arca: JPHF) caught my eye.