If this weekly candle can close below the the 2.618 extension of primary wave 1, then I like 
IWM to correct back to the support line ~$190 for a primary wave 4. If these trend lines are to be believed, then the timing for wave 4 will be accurately forecast as well.
IWM to correct back to the support line ~$190 for a primary wave 4. If these trend lines are to be believed, then the timing for wave 4 will be accurately forecast as well. Note
Possible that wave B of an expanding flat is in, having just ticked within a penny of the 1.38 inverse of wave A. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.