Direxion Daily S&P Biotech Bear 3X Shares (LABD)

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Bought last leg of LABD today at 5.05 I actually think that we've reached the floor of LABD at it lingers around the $5 level last few days ..... monday LABD will float up as risk-off sentiment started to grab hold of market.

Notice that the last few sell-offs in market have always retraced fully as the buy-the-dips crowd rushed in. But since Tuesday this week, the sell-off has not retraced and to me that's a market ready to plunge down again.