IBB corrected lower from the YTD high at 374.97 (March 20, 2015) to break blow 6-1/2 month rising trendline (as shown on the weekly chart), signaling prolonged consolidation near term. Bears look to test the range support at 333.78 (March 26, 2015 low). A breakdown is needed confirm a double top at 374.97/368.25 and weaken further towards the 305.01/302.98 long term support area. However, if the 333.78 area holds dips, that would reinforce the level as support. Back above 353.11 would suggest scope for further gains towards the 368.25 swing high (April 23, 2015).
Outlook:
Short term: bearish
Long term: bullish
Outlook:
Short term: bearish
Long term: bullish
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。