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Wednesday, 08/26/2015 4:04:12 PM

Wednesday, August 26, 2015 4:04:12 PM

Post# of 97239
Wow-- fwiw, in last 90 seconds of trading, the XBI 6-mo chart just triggered a Parabolic-SAR shift from sell to "buy," for the first time in a month...... Don't know if this sentiment will hold up and get stronger, i don't think the P-SAR is all that reliable as a predictor of future rebounds, but it's almost like some hedge funds' algos were "determined" to trigger a shift in the P-SAR.

Moreover, the XBI finished slightly above its 200dma for the first time since last Wed.




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