iShares Russell 2000 ETF
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IWM - Daily

118
Small caps may not take much of a pause until IWM reaches high 130s (100% extension of 1-2). I think that'll be the target area for wave (iii) of cir-iii. Resistance has become support in this presumed 3rd wave off the Feb lows. Shorts keep piling in, fueling the rally it seems.
I have an earlier idea posted for IWM but my "link to related ideas" menu isn't functioning this morning...
Nota
Link function started working. Should see some of my prior ideas linked now...

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