Biotech... leading the market down... serious support broken...
I have been monitoring this index for years and a *serious* support level was *smashed* today. Combined with the crashing of bitcoin (prior to making new ATHs), extremely weak RSI, and the rise of the VIX, I believe the market is in for a serious reckoning. Prepare for cash and short strategies! FED has one final save over the next several months IMHO and it will not last.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.