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May 23rd, 2019: IWM Chart Update

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 Technical Analysis

IWM weekly chart:

IWM Technical Analysis

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