As anyone knows and often mocks EWT knows all "counts are just guesses. But sometimes it can help us anticipate.
This is the way I count IWM currently. IFFFFF correct price now should not going higher than (1). If the count I am showing is exactly right we should see a drop tomorrow and hopefully a break of the short term dotted uptrend line. If this should I will short with stop if price goes above the longer term down trend line. There is a negative reversal in the RSI which often leads to lower prices so we shall see in the morning. Have a good night.
This is the way I count IWM currently. IFFFFF correct price now should not going higher than (1). If the count I am showing is exactly right we should see a drop tomorrow and hopefully a break of the short term dotted uptrend line. If this should I will short with stop if price goes above the longer term down trend line. There is a negative reversal in the RSI which often leads to lower prices so we shall see in the morning. Have a good night.