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IBB as a long position


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#1 Charvo

Charvo

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Posted 07 August 2017 - 09:11 AM

 

The hook in the ratio might flip pretty soon with the IBB taking the lead.



#2 Charvo

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Posted 07 August 2017 - 01:27 PM

The reversal in this ratio is happening now which is bullish for the IBB.  Considering the IBB has been a laggard for basically 2 years, I wouldn't be surprised if the IBB starts to lead to the upside versus the major ETFs.  


Edited by Charvo, 07 August 2017 - 01:28 PM.