Jan. 16 at 8:59 PM
$WELL $XLRE $SPY WELL — Price is beginning to push above several meaningful reference points: (1) the October ’25 highs and the key retracement candle from 10/28/25 (
$189.53), (2) the 23.6% Fibonacci retracement of the entire April–November ’25 advance, and (3) improving underlying momentum and relative strength. Also notable: the 50‑day moving average sits near
$192.50, along with the recent 12/16/25 high at
$193.18. A sustained move and close above these levels, supported by continued momentum, would strengthen the bullish case.