Sell the euphoria

Short

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

Updated

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

Short

Comment:

74.74 is the magic price.

Trade active

Comment:

Trade invalid if price close above 76.

Comment:

snapshot

Comment:

5 out of top 6 on WSJ Selling on strength were Biotech majors. Smartmoney carefully handed over their breakout to retail. Like always.

Comment:

Might have caught an intermedite biotech-top here.

Comment:

Resistance blown and price want to go all the way. Likely 81-82 will be seen. Should be a decent entry for sell.

Comment:

snapshot

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.