grape_ape

grape_ape

Most expect a rejection from the downward trend line, including myself.. but the contrarian in me wonders? On the sidelines until a clear break

grape_ape

Brexit vote coincides with approach of two support trend lines. Brexit bearish for $XBI and Bremain bullish $XBI $LABU

grape_ape

Brexit vote will determine the medium term trajectory of XBI. Brexit will bring on another down leg and Bremain keeps XBI in the current channel. While bullish on XBI and LABU, there is too much risk for anything but a small position before the vote.