Wedge ‘Throw-Over’

‘When price action heads south, bad news comes out.’

The chart below, shows we’re at a nascent reversal (not advice, not a recommendation).

Once a reversal takes hold and the money dries up, it’s likely to get very interesting.

Popcorn at the ready. 🙂

Biotech IBB, Daily Close

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279