Given the nice turn at the Center Line, we have a new target for the IWM: L-MLH...at least IMO.
The yellow pitchfork is here to see, if the ongoing flow, the direction will change, and if the momentum is increasing or not.
If not, price will trade outside the U-MLH. Otherwise we will see a fast and hard drop.
The zoom below the centerline gave us a high potential of a test/retest, and here we are.
Most likely price will go south from here.
The potential target is the sliding parallel.
P!
