~222 is the spot (give or take w. time)
Look for a small pull back to the 2's followed by some nicely timed news to give the market another push higher
If the bounce at 222 doesn't make new highs, bear market could be imminent
If the 2's don't provide any support at all........ proceed with caution
IBB may tap 282.50 before dropping below 277.50 before the close. If this were to happen, check out IBB's 1 Week Chart. It will show a massive reversal candle.
I am short bios. Watch for potential 3.5% to 4% DROP in the BioTechs Friday April 8th