S&P/ASX 200 Telecom putting in a higher low?

ASX:XTJ   S&P/ASX 200 Communication Services Index
The S&P/ASX 200 Telecom bounced at the 78.6 retracement from its 2011 low to 2015 high... which coincides with its 2006 low... good R/R area.. from one Fibo level to the next.

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