At this stage I don't see XBI shooting out of the channel. Very likely down move by Tuesday. There is a possible quick retest of the highs before the down move. If we see above average volume on a retest of highs (and unable to make a new one), that would also be a nice short setup. GL
Kommentera:
I wouldn't expect much more than a 618 retrace here. A retest of highs is likely to happen at some point soon. Then the fun starts (in either direction).