$XBI - RC -
Added 2023-12-13 11:17:53 +0000 UTCNo changes to the chart here but it is worth looking at this again.
I think Biotech gets its new awakening soon after pulling back substantially since 2021.
It has been able to consolidate side ways since mid 2022 and broke down from this bear channel, held the 0.887 Fib and bounced very well.
Needs to keep pushing outside of this channel to turn bullish for me, so above $87.
If it can, the reversal is on and this could drift up to our Wave Y target at $174 over the next 18 months.
