It's too early for LABU and XBI to print any scary correction now. We are tagging the 20 in XBI and that might be the end of this pullback both in LABU and XBI .
If oil continues its run - and I think it will - that will be oil on S&P's fire.
That could give a push to the biotech sector as well.
Hopefully Hillary doesn't attack biotech again in the following weeks so we can finish this daily cycle with great gains.
GoldBug777 : "Hey, what do you think of LABU? We must be getting close to the bottom now.."
chartwatchers " "We might be testing the gap. I don't suggest to enter before the elections."
Folks might appreciate more of an update if you have more to add.
Thanks for all your great posts and insight.