iShares Russell 2000 ETFPembelian
IWM Correction Targets Reached
IWM: 3/15/2020
Wave is in Wave 4 correction, but I believe it's nearly done.
Historically, IWM always corrects to the 0.5 fib, and the 3 wave corrections normally have the last wave extended to the 1.382 fib.
Currently, we put in a WXY flat, Wave W + X are clearly 3 waves in nature meaning this is not the start of a larger impulse down,
However a more complex correction could still be in store, where the WXY is just a component of this larger correction. But based on historical behavior I don't believe this to be the case. In the previous Wave 4 of a smaller degree, the correction was a simple 3 wave move.
Wave is in Wave 4 correction, but I believe it's nearly done.
Historically, IWM always corrects to the 0.5 fib, and the 3 wave corrections normally have the last wave extended to the 1.382 fib.
Currently, we put in a WXY flat, Wave W + X are clearly 3 waves in nature meaning this is not the start of a larger impulse down,
However a more complex correction could still be in store, where the WXY is just a component of this larger correction. But based on historical behavior I don't believe this to be the case. In the previous Wave 4 of a smaller degree, the correction was a simple 3 wave move.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.