@morrienelson – Short-term pullback targets for IWM are 125.42 & 122.90. From where prices are in relation to the apex of this very steep bearish rising wedge (15-minute chart), I strongly suspect that first target will be hit on a gap down at the open on Monday morning or at least at some point during Monday’s trading session. G-luck!

Yes! Thx for pointing out that typo. I had a bunch of numbers on my scratch pad & apparently wrote down the wrong value for the stop although I did intend to list around 3% above the entry price. The suggested stop should have been listed as a daily close over 130.90, which is approximately 3% above the entry price of 127.18 (with IWM moving higher to close at 127.39, so most would have had a more favorable entry since the entry was published).

I will correct the typo asap.. Thx again for pointing it out. Typos are common as I rush to get some of the more time sensitive posts out immediately, only proof-reading for typos & grammatical errors afterwards & only then, when time permits.