SamSuka
The Long Investor
The Long Investor

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$IWM - RC -

The Russell 2000 paints a far bleaker picture than the $SPY and $QQQ, as this index considers smaller capped companies, there is no impulse wave here and the best that the bulls can hope for is that this consolidates sideways within the blue lines, there is a very clear corrective wave and it is very much valid, if the prices goes below the middle blue line, this is into the bear case.

$IWM - RC -

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