I am seeing lots of Blog Chatter about IBB and the new BioTech Bull.

Perhaps, but my chart work shows that BioTechs have a bit more work to do to change the current trend.

Added: While the current pattern is one of a classic Bull Flag, these Flags can can continue to move down in the current channel for some time. The first step is to test the upper red line and the second is to actually break it in a sustained fashion. Nuf said, IBB has more work to do to prove to me that the Bull has resumed.

Screenshot 2016-04-10 11.27.42