On the brighter side, the Semiconductor Sector actually posted a gain today while everything else was cracking lower.
Biotech Sector Weekly Chart:
Monday, August 4, 2008
Biotech Weekly Chart
The Biotech Sector strength is the only thing that's been holding the NDX up from a total collapse. Keep your eyes on this weekly chart as it is hitting resistance and could easily pull back from these highs and take the NDX with it.
On the brighter side, the Semiconductor Sector actually posted a gain today while everything else was cracking lower.
Biotech Sector Weekly Chart:
On the brighter side, the Semiconductor Sector actually posted a gain today while everything else was cracking lower.
Biotech Sector Weekly Chart:
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