TradingView
jmboyer1
Nov 4, 2014 5:03 PM

BIS (Biotech Inverse) Short

ProShares UltraShort Nasdaq BiotechnologyNASDAQ

Description

Pretty self evident here....setting up for an inverse H&S pattern on BIS. Likewise, RSI w/bullish divergence...this looks to be a very, very big winner going forward if/when we crash, IMO.
Comments
jmboyer1
Erroneously put "Short" on this....should say Long, as this is the inverse (i.e. short) of biotechs as it looks poised to breakout to upside (i.e. long).
More