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

[Sendme]

We can't keep doing what we are doing very much longer, LOL. Ever since Qone0 posted that video a few weeks ago, I have been trying to learn new patterns and strategies. I do enjoy the Steven Hart youtube videos, even if they are focused on the forex (might have to start trading that some day).

Looks like volatility might be coming back to the markets soon...if so hope we can get a part of it. I am still looking and back testing patterns, but hope to start catching them in progress. They seem to have some nice measured entry and exit strategies once the pattern completes.

Looks like the IBB is very close to hitting it's 1.618 extension, and the LABD retrace is looking good.

Have a great weekend!!!