SPDR Series Trust SPDR S&P Biotech ETF

Long

not shorting bio sec but stalking potential breakout

By Trading_Off_The_Charts

Updated

multiple cup & handle patterns & flags needs to hold 96 imho

Note

xbi gave up 96 this morning, not good imho.. next area of support is .236 fib 94.82 no position establish yet, like the sector long term

Note

nice head fake this morning . I grabbed some cheap calls

snapshot

Note

snapshot

Note

see how everything flows together

snapshot

Note

IBB chart looking to breakout head to C wave

bullish wave pattern looking for 118.74 b/o confirmation $xbi

Trading_Off_The_Charts

Also on:

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.