SamSuka
The Long Investor
The Long Investor

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$XBI - RC -

Only this red corrective A - E wave is valid now and following our count very well, working its way through this downward channel.

I believe this continues down to $68 and bulls will want to see this bounce here before going higher to $82.50 to complete the formation.

If this can break to the upside next then it has a good chance of going higher to $101.

$XBI - RC -

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