XBI, biotech etf (or LABU, 3x bullish biotech etf, my preferred trading proxy) will trigger a short entry on any move below 63.35. T1 (current final target) is 60.10 with a suggested stop above 64.35.


note- by the time that I was able to annotate & upload these charts & composed the post, XBI went on to trigger the aforementioned entry & is now an Active Short Trade. This setup was also posted (unofficially) in the trading room last week.