Replies to post #16934 on T/A ETF AND INDEX

[POKERSAM]

Torqputty - We are very near your bounce line. We are watching.
Actually the wave count does allow for an abc retrace of yesterday's and today's decline right here but nothing like what you called for. We shall see.
May target for (iii) is still 845.

[Torqputty]

Swithing 20day/60min chart to IWM

The S&P Symmetrical previously stated looks funky... its more like a descending pattern. The better Symmetrical pattern for my trade is IWM. The Market Up-side break to S&P 982 is looking doubtful at the moment... I would need supporting evidence and more stimulus news. I'm keeping the trades between the lines and changing bias to "Show me the Break"

Position is Long IWM