SillySatoshi

XBI may be in another triangle with potensial big downside

Short
AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
XBI S&P500 biotech index may be in another rising triangle, we see price action at top of triangle for possible short entry. Instrument LABD x3 can be used for shorting this index.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.