IWM Harmonic Elliott Wave Analysis
Overview: let's review the key points of published IWM update of August 20th:
Update: I just need to publish the hourly chart to see how accurate was our previous prediction:
We are in wave c of 3 of A of (Z) of 2.
Levels to Watch:
1) Based on the volume profile of wave (X):
2) Based on support/resistance levels:
- The correction started from ATH is a wave 2.
- So far, we have completed 2 zigzags of wave 2 and a third zigzag is about to come later this year.
- Now, I believe that wave (X) top is in.
Update: I just need to publish the hourly chart to see how accurate was our previous prediction:
We are in wave c of 3 of A of (Z) of 2.
Levels to Watch:
1) Based on the volume profile of wave (X):
2) Based on support/resistance levels:
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