cerealpatterns

money flowing into biotech sector

AMEX:XBI   SPDR Series Trust SPDR S&P Biotech ETF
xbi is displaying strength on the daily as far as qqe and sss strategies are concerned. if we stay above pivot im targeting upper horizontals as rising 4hr triangle could bull pennant, and if we fall beneath that pivot resisting from rising 4hr triangle i would target lower horizontals.

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