Counts from the Fri, Oct 16 close, which is not scored yet.
Ch🅰️rtradamus 🔋@ChartradamusSnapback on $IWM predicted 🫡 Did not end up taking calls for the index to end the week despite considering them. It’s reasonable to expect $IWM $RSP will outperform $SPY $QQQ temporarily as relief takes place. However, I am assuming it’s temporary and an additional leg lower
Ch🅰️rtradamus 🔋@Chartradamus$IWM 🔴 Although the Russell 2000 has decent odds of a snapback rally here for relief in the form of a B-Wave, it looks horrible from a longer timeframe perspective. My call for a Major Top in August for this index alongside $RSP to enforce breadth deterioration has played out
