$IWM
Added 2024-07-29 15:22:03 +0000 UTC$IWM is back to test the triangle breakout level at $221 as both the $SPY and $QQQ is showing some mid day weakness now....as we lead into important earnings tomorrow.
My expectation remains the same here that a retest of the 0.38 Fib again at $215 is possible before going higher.
If the price action is able to hold the $221 retest then I do not think $215 will happen at a later stage, it is onwards to our Wave 5 target then at $244.
