Biotech Acting Stronger

10/08/2008 2:17 pm EST

Focus: ETFS

Thomas Aspray

, Professional Trader & Analyst

chart

Despite the carnage in the equity markets the Biotech Holders ETF (BBH) is still above the January lows while the S&P 500 is 19% below these lows. The RS chart shows the breakout above long term resistance as noted in the July 17th Sector Report. The RS made new highs last week and still looks strong.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on ETFS

Keyword Image
S&P 500 to Test Key Resistance
01/22/2019 1:10 pm EST

Two key resistance levels are lining up this week in the S&P 500, according to Todd Salamone. He...