NASDAQ:IBB ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND
Rising Wedge/Horizontal Resistance. $XBI
"Which way will it go" is a good title. You have outlined a very nice base formation and uptrend in place, but knocking against resistance at 241'. What would you imagine doing here? Long over the high at 241? Short now and reverse and go long at 241? Double up short if under 233-235 trendline? Target rising 200 day ma?