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Bracketing rotations POC waiting for imbalance

NASDAQ:IBB   ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND
16 1 0
1. Bracketing has started
2. Rotation of 283 POC            
3. Liquidation b shape distribution.
4. Waiting for Imbalance higher timeframe
Thank you for sharing your analysis. Any more thoughts given the recent drop as compared to GILD?
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