iShares Biotechnology ETF
做空

First idea, with Elliott Wave on IBB long term.

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This is my first foray into Elliott Wave counting. Feedback and comments welcome.

The move up from 2016 is very choppy and so I believe the correction from 2015 top is ongoing. For the red Y (primary) to end in green 4 (lower degree cycle), Y must be at least 90% of red W. Hence we have a little more upside before we have a major leg down.

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