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$XBI Hourly Chart
XBI
, 60
Long
XBI: $XBI Hourly Chart

Gap up faded this morning. Another test might get us going.

Long $XBI
XBI
, D
Long
XBI: Long $XBI

Bullish signs beginning to emerge after 9 months of underperformance. Bounce off of inside trend line from August high. SMAs of 5, 20, and 50 scrunched up inside midpoint of symmetrical triangle ready to slope upward with any price continuation. RSI closed over 50. Entered at 50.46. First price target is 60.00. Gap to fill, 200 SMA test, and second target at...

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