Replies to post #127 on Direxion Daily S&P Biotech Bear 3X Shares (LABD)

[THREE-DAY-TRADER]

Looks like XBI wants to hold that 50 day average so far (near 59.50+).
It still has a long month of September & an FOMC meeting in front of it, so anything can happen yet (with presumptions any aside).
September statistically tends to be worst month of the year for stock market, but so far 50 day avg on XBI showing support.