XBI - Chart Link- it's retraced quite a bit off that move early this week, now slightly below the 61.8% Fib retracement.

If it's going to reverse back higher again this is the area buyers need to step in, otherwise it's vulnerable to testing the lows or going to that longer term weekly support at 100

also regarding the symmetry break I'll use this as an educational comment: we got the symmetry break on the 60 min on Monday and the nice rally. As far as symmetry break regarding a higher low - technically you got one at that 113.7 pullback, then you got a bounce back to test that high. Sometimes that's all you get on symmetry breaks just a small higher low or lower high before price goes back into the trend. Also, as I've mentioned, for symmetry breaks on the long side I typically just buy vs waiting for that pullback, because I've found you get momo going and you might not get your higher low for a bit. Symmetry breaks to the downside seem to be more prone to the immediate bounce and lower high.

Anyway XBI could still form a stronger higher low down here, but like I said it needs to get its butt moving and that previous higher could have been it. It may also not and go and take out he lows - remember the support from the weekly chart is around the $100 area

we'll find out next week