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April 21st, 2020: IWM 60-min Chart Update

Posted by pugsma on April 21, 2020

Per the primary (green) count IWM has completed major [1]-P1-C3 at 124.88.   The major [2] wave down to a 50% to 62% Fib retrace target area of 110.40 to 106.92.

If IWM can hold above 114.56, then the alternate (blue) count is that minor 5 of major [1]-P1-C3 will make a new high above 124.88.

IWM 60-min chart:

IWM Technical Analysis

 

 
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