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October 10th, 2017: IWM Chart Update

Posted by pugsma on October 10, 2017

4:50 pm EST:  The IWM price has reached and slightly exceeded the P5=P1 target of 147.61.  IWM price has also reached top of the P1-P3 channel line at 150.68.  However, there is a short-term count that could still carry IWM price higher to the 156 to 158 area (see the daily chart).

IWM daily chart:

IWM Technical Analysis

IWM weekly chart:

IWM Technical Analysis

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