violates horizontal trendline
from breakout. Will it result in a failed breakout, thus leading to much downside to come, or will it rally above and beyond to new highs? Of note is IBB's failure to push back above trendline
(see arrow) today.
(not pictured---is small cap biotech) faring a bit better than IBB
as it hasn't violated breakout trendline
TBD on both.