nick.holland78

IWM - Daily

Long
nick.holland78 Updated   
AMEX:IWM   iShares Russell 2000 ETF
3
Small caps may not take much of a pause until IWM reaches high 130s (100% extension of 1-2). I think that'll be the target area for wave (iii) of cir-iii. Resistance has become support in this presumed 3rd wave off the Feb lows. Shorts keep piling in, fueling the rally it seems.
I have an earlier idea posted for IWM but my "link to related ideas" menu isn't functioning this morning...
Comment:
Link function started working. Should see some of my prior ideas linked now...
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