Bulls had a shot earlier today. We took out near-term low and quickly responded higher. But now, as we round the bend and head into the close, biotech is probing back into the lows.
This could accelerate ahead of Friday the 13th. I am tracking the biotech industry via IBB and trading the comeuppance via BIS.
UPATE: Click the blue date hyperlink below and go take my twitter poll on whether we see a Texas Chainsaw style Massacre tomorrow in biotech:
Will biotech be the scene of a real horror show this Friday the 13th?
— Raul (@IndexModel) November 12, 2015
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Where’s your heckler? The guy that completed his position at the crest of the rally?
I miss him. You get all the good hecklers…