Market Leader attempting important breakout

Market Leader attempting important breakout

If one happened to buy Bio-Tech ETF (IBB) last summer, its been a bummer.  From July of 2015 until June of 2016, IBB had lost over a third of its value. Is this bummer about to end? CLICK ON CHART TO ENLARGE This chart looks at IBB over the past 9-years. IBB remained...
Bio Tech- Market Leadership testing breakdown level

Bio Tech- Market Leadership testing breakdown level

CLICK ON CHART TO ENLARGE Bio-Tech was tons stronger than the broad markets from 2011 to 2015 at (1) above. Once support broke and Bio-Tech kissed the underside of resistance at (2) above, sellers stepped in and this leading upside sector, now has been a leader to the...