$XBI continues to hold 11/6/20 weekly breakout but da 200d has rolled over. Dingleberries are lurking if Roger doesn’t make an appearance. $IWM couldn’t get anyMOAR tight. IGV still showing enough 🧠 leadership under surface n SMH needs to grab its ⚽️ πŸ€ 🏈 s at da 200d n reverse. Da πŸ¦„πŸ‘‘ $TSLA YUGELY important on eps next week. Still appears ☝️MOAR 🧠 tradable rally should develop into springish of 2022 which brings da πŸ¦„πŸ‘‘ to 1100/1300ish. Still all da πŸ”‘s for a 🧠 return being wutched here. β€οΈπŸ‘‘πŸŒˆπŸ¦„
@Doozio Man, you should write extensive analysis like this one more often. I did not notice the gap at the breakout on 11/4/20 for $XBI, but I had 117 as a key level from a different computation/perspective!! Now that I look at the chart again, it is very likely to go fill, at least partially, that gap 116.8-117.6 (not because gaps have to be filled). We will make the trip next week IMO. IGV will retest the recent lows, but it will definitely make new highs IMO. Of course I can be wrong on every point.
@ProfOmar as long as weekly closes hold on $XBI. This tape just lacks enough 🧠 leadership since February. Energy n financials r leading now but FOOK them.