The rebound is much stronger than what I expected yesterday. Now wave iii finished and the wave a is approaching to an end. I expect a down and up on SPX and XLF.
SPX 60-min chart:
XLF 60-min chart: I expect SKF goes under $107 and I plan to buy some at appropriate price level.
QID 60-min chart: It has dropped but will go down further.
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