IWM Elliott Wave Outlook: Anticipating Minimum Three‑Wave Advance

Elliottwave_Forecast

The Russell 2000 ETF (IWM) has concluded its cycle from the March 20, 2026 low and is now entering a larger degree correction. The current pullback is unfolding as a zigzag Elliott Wave structure. Within this formation, the first leg, wave (A), is proposed complete at $275.46, as illustrated on the 45‑minute chart. The internal subdivision of wave (A) developed into a clear five‑wave structure, confirming its impulsive nature. At present, wave (B) is advancing as a corrective rally, designed to retrace the cycle from the August 17, 2026 high before the ETF resumes its downward trajectory.

The internal subdivision of wave (B) is also taking the form of an ABC zigzag structure at a lesser degree. In this sequence, wave A subdivided into five smaller waves labeled ((i))–((ii))–((iii))–((iv))–((v)). From the completion of wave (A), wave ((i)) advanced to $283.92, followed by a dip in wave ((ii)) which ended at $280.76 as a running flat. Near term, as long as the pivot at $275.46 remains intact, expectations favor continued upside in IWM. The ETF should extend higher to complete the corrective cycle from the August 17, 2026 high before resuming its decline.

Russell 2000 ETF (IWM) 45 Minute Elliott Wave Chart

IWM Elliott Wave Video

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The current pullback is unfolding as a zigzag Elliott Wave structure. Within this formation, the first leg, wave (A), is proposed complete at $275.46, as illustrated on the 45‑minute chart. The internal subdivision of wave (A) developed into a clear five‑wave structure, confirming its impulsive nature. At present, wave (B) is advancing as a corrective rally, designed to retrace the cycle from the August 17, 2026 high before the ETF resumes its downward trajectory.</p>\n<p>The internal subdivision of wave (B) is also taking the form of an ABC zigzag structure at a lesser degree. In this sequence, wave A subdivided into five smaller waves labeled ((i))–((ii))–((iii))–((iv))–((v)). From the completion of wave (A), wave ((i)) advanced to $283.92, followed by a dip in wave ((ii)) which ended at $280.76 as a running flat.&nbsp; Near term, as long as the pivot at $275.46 remains intact, expectations favor continued upside in IWM. The ETF should extend higher to complete the corrective cycle from the August 17, 2026 high before resuming its decline.</p>\n<h2>Russell 2000 ETF (IWM) 45 Minute Elliott Wave Chart</h2>\n<h2></h2>\n<h2>IWM Elliott Wave Video</h2></body></html>","htmlText":"<html><head></head><body><p>The Russell 2000 ETF (IWM) has concluded its cycle from the March 20, 2026 low and is now entering a larger degree correction. The current pullback is unfolding as a zigzag Elliott Wave structure. Within this formation, the first leg, wave (A), is proposed complete at $275.46, as illustrated on the 45‑minute chart. The internal subdivision of wave (A) developed into a clear five‑wave structure, confirming its impulsive nature. At present, wave (B) is advancing as a corrective rally, designed to retrace the cycle from the August 17, 2026 high before the ETF resumes its downward trajectory.</p>\n<p>The internal subdivision of wave (B) is also taking the form of an ABC zigzag structure at a lesser degree. In this sequence, wave A subdivided into five smaller waves labeled ((i))–((ii))–((iii))–((iv))–((v)). From the completion of wave (A), wave ((i)) advanced to $283.92, followed by a dip in wave ((ii)) which ended at $280.76 as a running flat.&nbsp; Near term, as long as the pivot at $275.46 remains intact, expectations favor continued upside in IWM. The ETF should extend higher to complete the corrective cycle from the August 17, 2026 high before resuming its decline.</p>\n<h2>Russell 2000 ETF (IWM) 45 Minute Elliott Wave Chart</h2>\n<h2></h2>\n<h2>IWM Elliott Wave Video</h2></body></html>","text":"The Russell 2000 ETF (IWM) has concluded its cycle from the March 20, 2026 low and is now entering a larger degree correction. The current pullback is unfolding as a zigzag Elliott Wave structure. Within this formation, the first leg, wave (A), is proposed complete at $275.46, as illustrated on the 45‑minute chart. 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