Longer Term Point & Figure shows you need under last night’s Globex low of 1960.50 for a big break down to occur. Short term P&F resistance is into 1978-79. We’ll have to await the afternoon trade. For further downside I’d … Continue reading
It will be a biotech show IBB,NBIX,AGIO,RCPT,ALNY SPU/Bonds have just printed the 200 DMA going into 12:30 CDT. Trade the names that are working and they’re all in Biotech. I’ve been looking at calls in the above names as well … Continue reading