AMEX:IWM   ISHARES RUSSELL 2000 ETF
28 0 2
I realize Russell 2000 is down over 5% in AH trading, but thought I'd post a reminder of my big picture expectations. Certainly possible wave (4) isn't complete, and the probability increases if IWM             sees the 90s again. In this case, recent top labelled green 1 would represent a b-wave or x-wave in a longer correction (not depicted). Given the 5-wave             structure of this year's rise, my base case remains the green count.

A low in coming days with positive divergence could set up a powerful 3rd wave, perhaps on the back of new shorts chasing the the Brexit crash...?

Disclaimer: I'm in cash with my long term account since April, but short via IWM             vertical put spreads since the recent top. So, neutral on this time frame.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out