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Short

Update IWM/Russell 2000 Cycle

AMEX:IWM   ISHARES RUSSELL 2000 ETF
28 0 3
Note the analog off of the Feb 11 2016 ICL. Near vertical run for 16 bars with a near identical reading on the Fisher Transform. Friday, Nov 25 completed the same pattern -1 TD             . The differences between now and then is the distance above the 20 EMA. In Feb, it took only 5-6 TD's for the 20 EMA to "catch up" and resume the rally into the ICH several weeks later. This time around, it will take a greater pullback to re-set the move upwards.
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