Gotta love ZERO RISK in the SP500 = $$$

agree but we need the dow in the red to get the nasdaq quickly below its 20ma,

Whats the nasdaq 20 ma?

 

well even if LABD has gotten away..still pretty much a sentiment..biotechs rolling over is a good signal for ES dropping back into sub 1950

TF breaking down hard

 

That divergence between Biotechs and Russell 2000 finally snapping back to reality...

 

Russell has more exposure to Biotechs...better short in there IMO.

 

True....thats what Im thinking but like I said energy needs to weaken or the dow will be green all day long, dow would be off over 100 points if energy was keeping it up!

 

4665

 

TF taking a dump hard

 

I say just keep hitting the bids on IBB and short all the way to $0.

 

Biotech bounced somewhat off their bottom, was going to take a trade in LABU around $14.75 but held back for a drop below $14, since then its bounced pretty well!

 

this would be your LABD chance here easy 60 by the close today..after lunch down we go