IWM Decision point wave

This next wave down will determine the future outlook for IWM. If it stops at the uptrend line, that would be a bullish signal. If it goes through the uptrend line. That would be the bearish case. Right now it is below the main downtrend line so I am still bearish on the market as a whole. My outlook will change if the downtrend line is broken
IWMRUSSELL 2000Trend AnalysisWave Analysis

Also on:

Disclaimer