XBI looks like a decent swing long setup play on biotechs. There are 3 pocket pivot signals (blue dots) in the last 12 trading days which is bullish. The Effective Volume shows a beautiful positive divergence on the large players volume. The Twiggs Money Flow is holding up nicely as well. I like the consolidation on this Bull Flag setup and then large players stepping in and buying. Biotechs really started improving at the end of June with large players stepping in to the sector which is indicative of a risk on trade. It ran up a bit too fast and now it has consolidated in a Bull Flag pattern as it gears up for the next leg higher, maybe. LOL.