Idera Pharmaceuticals Inc (IDRA)

[TOB]

So folks better understand why we to talk about the IBB representing the bio-sector, and QQQ representing the broader market as proxies and leading indicators, below are a series of today's 5 minute charts.

Today we see close harmony between the IBB and two of our biobabies, CUR and IDRA. Plus we see a relationship between the QQQ and the IBB. But the IBB doesn't track as closely, but there’s clearly influence.

Some days it’s the QQQ leading the way, some days the IBB is the leading indicator, and some days there is some divergence.

The very bottom chart is SYN, which we see today, like the others, had an early rise, pull-back and then rally… but, the rally was stronger at the close and looks closer to the QQQ.

(Scroll down for all 5 charts, click each chart to enlarge, grey areas are outside regular market hours. Cross posted to relevant boards)

IBB 5 minute


CUR 5 minute


IDRA 5 Minute


QQQ 5 minute


SYN 5 minute