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cerealpatterns

biotech may get crushed

Long
Direxion Daily S&P Biotech Bear 3X Shares (AMEX:LABD)  
cerealpatterns Updated   
AMEX:LABD   Direxion Daily S&P Biotech Bear 3X Shares
Trend Analysis Technical Indicators Chart Patterns biotech ETF leverage sector
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trendanalysis indicator chartpattern biotech etf leverage sector
if we continue this bear reversal in biotech labd may cross signal and estimate bull and reach for upper envelope in a reverse head and shouldern pattern. if we carve a path higher in major indices i expect biotech to follow.
Comment:
still looking at that bullish case but in a different path, and now theres a bear case
snapshot
Comment:
bear being the bull case for biotech amd bear case for the inverse
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