Loading ...Back in BIS
My charts show that the SPX (Stock Market) Trading Cycle has topped here. I am not expecting a big drop but do expect that we will move down for the next 1-3 weeks into a TC Low (38% to 50% retrace of the move out of the late June IC Low).
As I show that BioTechs appear to be leading the way, I picked up a starter position in BIS today at $30.50 when it pulled back toward my early trend line and may add if it picks up some steam.
