AMEX:IWM   ISHARES RUSSELL 2000 ETF
24 1 2
I'd really like to see IWM             test resistance to complete wave i of 3. The 61.8% extension is a typical for target for this wave, and holding high support keeps that potential alive. Since the rally off of June's low can count as 3 waves, I'm keeping the yellow alt 2 around, but won't trade short for it unless a pristine set-up develops suggesting upper support will fail. I prefer to wait for a long set-up given the bigger bullish picture. I've got some longer time frame IWM             ideas posted somewhere...

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nick.holland78
SPX500
nick.holland78 PRO about SPX500 18 4 months ago
alt 2 should have been colored yellow the match the corrective count. Sorry for any confusion.
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