IWM has now ended the 1st ABC up decline now in waveB

2023年11月21日

The chart posted is the IWM Russell 2000 tracking etf . As the forecast called for an ABC rally back to just above 181 we should now see a 3 wave decline to about 171/165 focus on 167 area over the next 2 weeks and then rally in a 5 wave structure from that low about dec 4 to the 10 th low into a peak at .618 at the 185.7 to 187.10 area about dec 24th to dec 29th Before the next very clear leg down in the BEAR market The market could holdup to jan 10 to the 17th some what but after that the data get very very neg in the Business cycle