Replies to post #186 on Direxion Daily S&P Biotech Bear 3X Shares (LABD)

[Sendme]

Went over the 4 hour chart again and it really shows that once a swing high/low is broken, it tends to hit the fib 1.618. I know that this chart looks cluttered, but I just wanted to show how often it hit the target. Just realized I was on the LABU chart, thought It was the IBB. my bad, but thought I would post it anyhow.


OK to be fair, here is a cluttered chart on LABD

[Swampdude]

Thank you sir for your thoughts and the charts. I'll be watching for that bounce at 9.00.

SD