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IBB (Bio Tech ETF) had been on down turn since the last hurrah in July.
It has been doing a beautiful correction A B C waves - currently at the end of wave (c) of C.
Wave A is a double 0.5 X 1 move of the Gann Box
Wave B is a 1.272 X 0.5 of the first Gann box.
Wave C so far has been a 0.5 X 0.766 (although it ...