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SPDR Series Trust SPDR S&P Biotech ETF
Short

Head and Shoulders forming on $XBI, just like in December

194
Since all-time highs, XBI has developed 2 head and shoulders and is currently developing a third one. Given how overbought SPY is and how troubled XBI and IBB are, I suspect this pattern will form. My target is roughly $38.
RobertHeler
biotechIBBSPDR S&P 500 ETF (SPY) XBI

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biotechIBBSPDR S&P 500 ETF (SPY) XBI
RobertHeler

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.