$XBI (Biotech ETF) looks strong within the healthcare sector.
We have seen in recent months the outperformance of the healthcare sector relative to the S&P 500 and so it would behoove us to look deeper for outperformance within that sector. This GoNoGo chart shows that biotech is in a new “Go” trend making higher highs and higher lows relative to $XLV. We will look for Go Trend Continuation Icons (green circles) to give investors opportunities to participate.
