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Re: None

Friday, 12/31/2021 10:23:30 AM

Friday, December 31, 2021 10:23:30 AM

Post# of 424038
If there is any hope of SP recovery in 2022, it has to begin with a biotech sector reversal, followed by 'bottom fishing' for AMRN type setups.

So, what is the chance of that happening? Pretty good according to what the IBB chart is forecasting



A trendline breakout, accompanied by gold candles is a reliable condition/pattern indicating a reversal induced - by sector rotation leading to a sustained runup.

Here is a similar time in 2009 that pattern occurred:

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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