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BTK takes out Aug low


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#1 K Wave

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Posted 28 September 2015 - 09:23 AM

now in most vulnerable position for full on crash......although an attempted stick save bounce in this area certainly possible...

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#2 phatbubble

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Posted 28 September 2015 - 11:34 AM

BTK daily 500MA around 3200, another 5% down. Before that, IBB daily 500MA at 288, just 2.5% away. That could slow the decline for the biotech complex.