XBI UPTHRUST CAUGHT A LOT OF PEOPLE WITH THE GUARD DOWN BUT BEARISH DIVERGENCE WAS A WARNING FROM THE START.. Everything happen so fast when xbit started to plunge after IDMC recommends ending late-stage trial of colorectal cancer treatment and this event that happened at 2:40pm on friday overturn XBI at the same moment and now is going back to 400 EMA $67..
STOCHASTICS OVERBOUGHT AND HEIKI ASHI BEARISH CONFIRMATION + MOMENTUM GOING INTO SELLING MODE +MACD CROSSOVER
BIG INTEREST PLAY THE 300 , 400 EMA ... WATCH SMALLER TIMEFRAME FOR A FASTER CONFIRMATION BUT IN MY OPINION IS NOT GOING TO HOLD...