Question is do we have an overthrow at play? If yes the IWM needs to get back into my channel and not reject here off the bottom channel TL.
A rejection would almost certainly equal $138 and invalidate the 5 wave intermediate structure.
A rejection would almost certainly equal $138 and invalidate the 5 wave intermediate structure.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.