Thursday, November 12, 2015

BioTechs complicating matters with an OUTSIDE Daily Reversal?

$BTK Daily Chart @ Close 11/11/2015
Whilst we noted in THEWEEKLY that a 'Fill' of the GAP in the S&P500 @ 2055.20 should be viewed as a necessary & healthy development; the OUTSIDE Down Day witnessed in the HIGH Beta Bio- Technology Index does complicate matters somewhat.
Let's see what eventuates if/ when the GAP @ 2055.20 gets filled.