IBB Losing Momentum? Short

iShares Biotechnology ETFNASDAQ

Description

⋅ Mar 4, 2015 6:32 AM

IBB hitting upper channel trendline and RSI negative divergence...NAZ hitting 5K and excessive optimism with Bios the "it" sector since 2012 (jdmarkman.tumblr.com/post/112596412568/nasdaq-5000-built-on-biotech-this-time)
...time for some mean reversion?