Right now this is the hardest one to count. I am only going to put this count out for now, as the bearish ALT to me would be that our wave 4 bottom is not in, and this thing could get flushed to 205. I just don't know at this point if that is likely and I am favoring this to be our leader going into EOY, so this is the only count I am going to post.
My wave count on IWM - I see us having put in our minute wave 2 bottom, and now we are going down for another 2 which could take us as low as 217 on the uptrend line. From there we will be in a 3 of 3 and I see us getting launched out of this ~year long sideways action well into the 230+ range.
Note: if we are still in a bullish structure but minute wave 2 bottom is not in then we could see as low as 214.12 . IF THAT RED LINE BREAKS THIS COUNT IS INVALIDATED
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