Healthcare stocks have sold-off heavily over the past 2 months. The IBB Biotech ETF is down 25% from its mid July highs.
This sector's sell-off began around the time of the Chinese market decline, then Hilary's tweet pushed it down further. I do not consider these good reasons for a sell-off and suspect this will be a short term event.
I continue to be bullish about this sector even though its short-term prospects are uncertain right now.
Below is my latest technical Watchlist -
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