SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on May 23, 2019
11:00 am EST: IWM (Small Caps) may be putting the finishing touches on a major [2]-P5-C1 flat wave near the 38% Fib retrace target of 148.30. The minor C or major [2] wave looks like a potential bullish falling wedge on the 60-min chart.
IWM 60-min chart:
IWM weekly chart:
This entry was posted on May 23, 2019 at 10:59 am and is filed under IWM, Premium. Tagged: Elliott Wave Technical Analysis, IWM Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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