BATS:IWM   iShares Russell 2000 ETF
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Fib Time Zone

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I need to use this more often. Thanks for the chart
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KLang QuantitativeExhaustion
It doesn't always work, but it was working on SPX for several months on the daily chart.
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Maybe we need to enter different fib extensions.
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KLang QuantitativeExhaustion
On the daily IWM hit 1.618 ext (92.29) already. There's an IHS on the 60 min, though with target of 93.01 confirms 91.05
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So maybe a new high and delay with another correction.
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KLang QuantitativeExhaustion
Very sticky here and hard to say which way it will go. The IHS from Nov has met it's target and I do believe another pattern for a down move is setting up. It it's a HS, pattern will move up. But there is a HS already here. I'll do a chart in a few minutes
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sounds good
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