Looks like a double zigzag is in the cards ... but could go lower for the 1,168 fib for completion. A capitulation flush and then a strong bounce up. But i'm hesitating to go in for more than a scalp here. Monday could be the day of good timing after a friday sell off before close.
Time will show
Safe trading here ladies and gents!
BM
Ratio between $IWM and $SPY reached important support. Maybe it has a little more down but the risk of a bounce here doesn't make the reward worthy. $SRTY position from March 3rd, at upper BB boundary and 1,618 fib,closed yesterday
Cheers
Panos