The Biotech downturn intensified yesterday although the MF itself was not negative.
Anyway, I decided to close the BLUE 1/2 long ... and move along.
I also closed the VNQ long.
Early in the afternoon, I detected buyers and started to enter new long positions (a 1/2 short SPXS and a long XLF) with stops just outside the high/low of the day.
At the end of the day, I noticed that SPXS went through its stop while XLF resisted and finished slightly positive.
The trade ideas for today, mostly long, are below.