Xbi to 75 then drop?

SPDR Series Trust SPDR S&P Biotech ETF (AMEX:XBI)

Updated

AMEX:XBI SPDR Series Trust SPDR S&P Biotech ETF

I've had 75 on my radar for ages. Will it finally come?

Comment:

I still think XBi is gonna deliver that 75-77 range before rolling over into bigger C-wave. Seems it will go in a pennant-shaped upward channel approx until jan 2018 when studying price structure closer. I am not interested in trading this inside the channel, but I am ready with my alert button whenever 75 comes so I can take on some big short.

snapshot

Trade active:

Price reached 76.6.

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