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cerealpatterns
Nov 25, 2022 3:14 PM

biotech may get crushed Long

Direxion Daily S&P Biotech Bear 3X SharesArca

Description

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

Comment

bear being the bull case for biotech amd bear case for the inverse
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