goodguy
Short

Update on IWM count.

AMEX:IWM   ISHARES RUSSELL 2000 ETF
65 0 1
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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