Replies to post #44352 on Short Term Trading Member Forum

[kenl]

RUT is the only one I'm following because of the clear wave count. IWM AAPL MDY all have the same count. I have my finger on the short button if we take out the recent lows on the RUT. Until then I am waiting for higher prices to load up for 3-3-3-3-3.

[techcharter]

In a small wave 4 or larger wave 2.

The rally off today's bottom has advanced too much to be a smaller wave 2. A larger wave 2 or a small wave 4 are now the most likely outcomes.