$RTY / $IWM - favored count
My other count get invalidated today. Tried to catch a run up for what I thought was an abc move and that we were in A still - jokes on me because with the end of day flush it appears we were rallying for a 2 and never going to cross the prior (what looks like wave 1 now) peak.
This is my least favorite count vs qqq or spy and it is and has been the hardest to count. I like a dip buy with time because it is pretty beat up and today it started seeing some feb flow with million$ + sweeps, first good sign I have seen on this one in awhile.
Either way it really needs to catch support in this demand zone 2100-2130 area otherwise this is going to get very bad. It could see 200 quick.... Lets hope not.
This is my least favorite count vs qqq or spy and it is and has been the hardest to count. I like a dip buy with time because it is pretty beat up and today it started seeing some feb flow with million$ + sweeps, first good sign I have seen on this one in awhile.
Either way it really needs to catch support in this demand zone 2100-2130 area otherwise this is going to get very bad. It could see 200 quick.... Lets hope not.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.