marketstrats
Long

Updated $XBI chart

AMEX:XBI   SPDR S&P BIOTECH ETF
xbi
23 0 1
xbi
Not a strong close as the 52 price level was rejected but relative strength to the S&P             was outstanding all day long. Still waiting for that higher high on the intermediate term that would come with a break of the pink triangle. Might be a good time to raise your stops if you entered around 50.
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