In the 3/19 weekly strategy sum: "IBB may continue to drop into quarter end I suppose, but VRX reached its YS1 level 26.05. If that stops going down, IBB likely pops. If VRX below 26, then can still play IBB short."
Just the pivots folks. VRX reached YS1, with clear and high volume buying.
And here the IBB pop today.