AI
Tuesday, January 24, 2017 3:41:13 PM
XLF $23.38 = key horizontal inflection level as the current Major upside barrier
( within the upper structure of the XLF price action during the 2016 through January 2017 period )
** if the bulls are going to control further advancing, a chart requirement is:
the $23.38 resistance potential price inflection level needs to be made to act as future horizontal support;
** going forward relative to this $23.38 level is all that matters now from the standpoint of price pattern structure -
XLF daily -
( within the upper structure of the XLF price action during the 2016 through January 2017 period )
** if the bulls are going to control further advancing, a chart requirement is:
the $23.38 resistance potential price inflection level needs to be made to act as future horizontal support;
** going forward relative to this $23.38 level is all that matters now from the standpoint of price pattern structure -
XLF daily -
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