goodguy

Update on IWM count.

Short
AMEX:IWM   iShares Russell 2000 ETF
IWM 2 hour. Promising start of the day for you if you are bearish on IWM or EEM. Here is my updated shorter term view of IWM. IF correct the final short wave up (.05) is a series of overlapping five a-b-c waves as sometimes occurs supposedly after a long trend up. (Frost and Prechter pg 50) . A form of rising wedge. We'll see. For now I'm bearish. Take care. Have a great weekend. Goodguy.
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