Biotech on the Comeback Trail

Technical Strategy Video:

Key Takeaways

  • Trends & momentum remain negative for US Equities and could weaken further into next week ahead of the long-awaited December bounce & start of the Santa rally
Flat Breadth is far better than Tape action would imply Friday given strength in Healthcare, Real Estate, and Communication Svcs.  Technology weakness not too severe but is being overshadowed by large-Cap “FAANG” weakness whic...

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