arama-nuggetrouble

IWM TARGETS - WAVE

Long
AMEX:IWM   iShares Russell 2000 ETF
We had our 4th wave correction end last week. We are moving up for the fifth leg. The height of the 5th leg is dependent on how far down (iv) goes. I will consider calls after (iv) finishes. IWM has been lagging behind its friends SPY and QQQ. I think it hits that 0.618 retrace on this leg up and will correct after. My target range is 139-150. This week is trending up. Lets see how it plays out.












Comment:
Some one stop me
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