With today's morning fiasco, XBI wicked down and touched the 100M Moving Average where we last bounced on March 2020. Volume is climaxing with hidden divergence on the RSI. This is the largest correction XBI has ever had its history currently down ~50% from all time highs.
註釋
Wowza's XBI fell off a cliff. Weekly/Monthly RSI both oversold with a dragonfly doji on the weekly. I'm still holding on as an oversold bounce should be coming. Lesson learned if I'm bearish on indices, don't bother hedging. Biotech turned out to be the worst possible hedge imaginable!免責聲明
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免責聲明
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