Dow, S&P, Qs Et al.

The Dow (DIA) all-time highs were on August 5th, the S&P (SPY) on August 13th, the Qs (QQQ), way back on June 3rd; Semiconductors (SOXX), June 22nd, and the list goes on.
We have updates by the day, if not the hour, like this, this, and this, letting us know, in real-time the air’s coming out of the bubble (not advice, not a recommendation).
So, ‘gentlemen, start your engines‘ 🙂
Pick your market
Biotech XBI, Daily

The chart has an added bonus, showing the potential trading channel.
Trade Action: Yesterday, XBI-16-11, was exited at break even, then re-established (short) as XBI-26-12, and well-in-the-green by the close (not advice, not a recommendation).
Stay Tuned
Charts by StockCharts, TC2000
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