2/29/20

 

Exit Biotech Short

 

The chart shows the entry positions for the last series of trades.  While the overall market was falling apart, entries were made in BIS, the 2X inverse of Biotech, IBB.

 

The previous update showed the final (IBB) pivot lower on the 25th took place at 123.58 with 1,000 shares traded.  IBB never looked back.