IWM could continue moving higher in wave (v) of minute i tomorrow before the long weekend, in which case support for ii will move up slightly.
The green count for an expanded wave b of minor wave 2 is my alternative right now, and probabilities have decreased with this strong extension off the low. Still, something to keep in mind. Indicators look exhausted overbought, but my expectation is that they'll eventually become "embedded" and not reset during the heart of wave iii of 3.
The green count for an expanded wave b of minor wave 2 is my alternative right now, and probabilities have decreased with this strong extension off the low. Still, something to keep in mind. Indicators look exhausted overbought, but my expectation is that they'll eventually become "embedded" and not reset during the heart of wave iii of 3.
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IWM - 4h
nick.holland78
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