S&P broke back below previous triangle resistance, bearish
DOW still hasn't confirmed S&P's new high, bearish
Transports have yet to confirm Industrials' highs, bearish
Starting to look bad for the overall markets
Biotech
IBB formed another monthly shooting star candle, which also confirmed March's shooting star candle. The IBB has now broken below its 50-day MA, formed back-to-back monthly shooting star candles and a daily double top. All signs point lower.