![Equity Oracle: 05/29/13 teo-052913](https://themarketguys.com/wp-content/uploads/2013/05/teo-052913-120x100.png)
Coffee has taken a beating over the past couple of weeks but the Bulls are coming back into the market to buy it up. Take a look at the chart above and you will see a perfectly formed bullish engulfing pattern. This, along with the gaps above the market, tells me that we have enough evidence to take a long position in the Barclay’s Coffee total return fund.