goodguy
Short

Update on IWM count.

AMEX:IWM   ISHARES TRUST RUSSELL 2000 ETF
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2
IWM 2 hour. Promising start of the day for you if you are bearish on IWM or EEM . Here is my updated shorter term view of IWM . IF correct the final short wave up (.05) is a series of overlapping five a-b-c waves as sometimes occurs supposedly after a long trend up. (Frost and Prechter pg 50) . A form of rising wedge . We'll see. For now I'm bearish . Take care. Have a great weekend. Goodguy.

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