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⋅ There is a chance that SOXL might end up filling the gap January 23.
We are currently at the end of the Elliot wave theory so if that proves to be true we should continue to see a very steep decline.
With various reports coming out the only thing I think that would keep it up is good economic reports.
I think you will see SOXL come down to roughly $12.90 where it will test support at around $13.