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Index Opening Gap BIOTECH Trading Desk Read BIOTECH (Biotech stocks: A shot in the arm) opened with a measurable gap of 1.84%. The first read is whether that gap becomes accepted by intraday price action or fades back toward the prior close. BIOTECH is near 266.24, with the session open at 266.24, previous close near 261.44, and the active daily change at 1.84%. A stronger investor-grade setup needs the M15 chart to agree with the daily structure, while the weekly chart defines whether the move is only a session adjustment or a broader allocation signal....