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btwice53190
Sep 12, 2021 12:16 PM

$IWM - Bull wave theory count Long

iShares Russell 2000 ETFArca

Description

This count is still very possible, despite all of the index "top is in" bears out there.

For this bull count we are going down for a wave B, before rallying to the upper trendline for our wave C of D, the D is of a ABCDE correction for our wave 4. IWM likely goes back up to kiss 232 area before the market actually sees a short term top and IWM gets the flush back to the 210 range. Right now our green B wave needs to catch support at the wave C pivot AVWAP (we broke the wave (B) AVWAP Friday)
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