XBI Short

SPDR Series Trust SPDR S&P Biotech ETFArca

Description

⋅ Aug 20, 2021 9:19 AM

Weekly chart of Biotech ETF, XBI; looking bearish. A weekly close below $118 would be negative. Weekly RSI is at 38.2 level. Previously, this level provided support once. More often, RSI bottomed near 30. So, XBI is at a critical level.