LABU is 3x tracking XBI, it has been beaten down significantly recently. It is on the verge of recover from the bottom.
Lots sector rotation is going on, and it is time for LABU to get back to business
there's lots of stuff going on, some feedback on what i could possibly not include next time, would be great. The impulse wave as the cypher pattern . Green dotted line is previous support swell as the 1.618 retracement of the 3-4 leg. the cypher completion (.786 retracement) is at the same level as the vertex of the symmetrical triangle(golden lines). 200ma is...
is it me or do i see a repeat pattern. another leg down? caution
but, why gamble? may not come back if it gaps down. be cautious. dont fight it.