RE:RE:RE:RE:CXR in IBBLooks like we have a winner. IBB is a large ETF. It tracks the index and shows on a broad scale how the sector is trending as a whole.
CXR can and will move on it's own merits which will influence the moves within the ETF to a small degree. A quick read up on ETFs and indicies will confirm what argentia is highlighting.
The fact that the IBB is trending downwards may put that sector closer to oversold territory which could signal a reverse in previous trends should money begin to move here for safety amist the market turmoil.
Again (as always) that's just my two cents.
GLTYA