I’ve made a few slight revision to the initial price targets for the IWM bounce trade setup posted on Tuesday with the current max. potential bounce target still at 218ish price & downtrend line intersection area (about a 10% rally, assuming a breakout is triggered & that final target is hit). Previous (Tuesday’s) & updated 60-minute charts below.
IWM 60m March 12th
IWM 60m March 14th
To reiterate, this is still just an untriggered trade setup, not an active or (yet) actionable trade, pending the required by signal (although I do suspect the breakout will likely come today).