IWM Formed a nice island reversal on Friday therefore I am net long looking for a bounce to 112 if not higher...
Expecting a larger correction down from there so only trading what I believe it a larger "B" leg higher and will be initiating longer term short positions once it hits 112 or so (subject to what the structure looks like if it gets there) but any clues to the downside could lead to a quick correction lower in a larger monthly "C" leg down to around 76.00
See how we go!
Expecting a larger correction down from there so only trading what I believe it a larger "B" leg higher and will be initiating longer term short positions once it hits 112 or so (subject to what the structure looks like if it gets there) but any clues to the downside could lead to a quick correction lower in a larger monthly "C" leg down to around 76.00
See how we go!
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Scaled half out... rest is waiting for test of 112