TimZhang
Short

is in big trouble, better bounce from 58-59, or will break in

AMEX:XBI   SPDR SERIES TRUST SPDR S&P BIOTECH ETF
130 4 4
to the channel, $53-54 is trendline support $LABU $LABD
Are you still of the opinion that this is going as low as 53-54 or is it about to turn around to head back up to 44 ?
I believe you are still holding your short.
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Helpful post. Nice clean informative chart. Trading log lends further credibility to your posts. Thank you.
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TimZhang PRO archie123
Thanks. Appreciate your kind words.
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Bounce approx. at that level and further down to complete zig zag, so each of the alternatives is true imo.
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