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...