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Biotech / Medical : 2015 Biotech Charity Contest
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To: IRWIN JAMES FRANKEL who wrote (349)10/4/2015 1:36:55 PM
From: Robohogs   of 407
 
Watch IBB resistance up 10 pts. Measured move zone and 2-3 other voodoo indicators. Given FANG and bio moves late week, I think we may soon be in clear again. Fed is stuck imho and bio benefits most.

My analysis from August despite being questioned here still appears largely correct. Bios sure got shafted but SPX got saved on retest and broader RUT did the classic undercut. We are not in clear until we get higher highs in either or both though.
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