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Fox_Technicals
Feb 2, 2024 5:53 PM

$XBI: Looking For A Probe Below 87.5 Short

SPDR Series Trust SPDR S&P Biotech ETFArca

Description

Both biotech ETF's AMEX:XBI and NASDAQ:IBB are showing tremendous weakness in the face of a strong market. I suspect that when the market is ready to pullback it may take this a little lower especially in the face of a strong TVC:DXY / Dollar Index. Good luck traders!
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