goodguy
Long

Stocks ready to rise?? IWM daily log

AMEX:IWM   ISHARES RUSSELL 2000 ETF
IWM
46 0 3
iwm
As you know often contracting and expanding triangles often occur after a rapid rise as a form of sideways consolidation. Many times these triangles have 5 waves each of which is a a-b-c form. ( EWT             ) Often this before the LAST bullish rise to THE TOP. It looks to me like this may well be what we are seeing in stocks. If correct we are in for a fairly rapid large 5 waves up to possibly a new high, or a double top , or just close to the previous high.

Have a great weekend. Don't forget your loved ones on February 14th.

Take care.
Goodguy.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out