This count is still very possible, despite all of the index "top is in" bears out there.
For this bull count we are going down for a wave B, before rallying to the upper trendline for our wave C of D, the D is of a ABCDE correction for our wave 4. IWM likely goes back up to kiss 232 area before the market actually sees a short term top and IWM gets the flush back to the 210 range. Right now our green B wave needs to catch support at the wave C pivot AVWAP (we broke the wave (B) AVWAP Friday)
For this bull count we are going down for a wave B, before rallying to the upper trendline for our wave C of D, the D is of a ABCDE correction for our wave 4. IWM likely goes back up to kiss 232 area before the market actually sees a short term top and IWM gets the flush back to the 210 range. Right now our green B wave needs to catch support at the wave C pivot AVWAP (we broke the wave (B) AVWAP Friday)