This count is still valid and if the indexes rally this week we could see it. IWM is currently sitting right above the 50 & 200 day MA as well as the last pivot AVWAP. If those hold as support then IWM will look to test the upper trendline ~230-232. If this does occur I think that IWM could get rejected at those levels and then be sent down to retest the lower trendline - putting in wave E which is wave IV bottom. From there IWM will go to ATH's on the next leg up.
Although this count is still valid I do not think it is the most likely scenario given current market conditions. Look for a couple more IWM postings (they likely will be posted as private but accessible from my twitter feed)
Although this count is still valid I do not think it is the most likely scenario given current market conditions. Look for a couple more IWM postings (they likely will be posted as private but accessible from my twitter feed)
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.