Keep in mind - draw this chart days ago, now fully developed Short

SPDR Series Trust SPDR S&P Biotech ETFArca

Description

⋅ Jul 29, 2016 3:24 AM

Price is moved right into $62 - the expected top area. I would lock in $

Comments

Doge_1

⋅ Aug 3, 2016 6:54 PM

Doge_1

⋅ Aug 3, 2016 6:02 PM

can XBI fall down to low 50s? I think Biotech is overbought

jualex

⋅ Jul 30, 2016 6:28 PM

do you see a pullback coming soon for xbi?

TimZhang

⋅ Jul 31, 2016 3:45 AM

Yes, will pull back, personally I would like to see it.next week or RSI near 70.