Clear bearish wedge on IWM
Wedge pattern forming on IWM since 4/6 w/ declining volumes.
This week's volume was extremely low except at close where it tended to drill.
I think this is a fantastic indicator that we are about to leg down to 110, or potentially to a new low for the year.
This week's volume was extremely low except at close where it tended to drill.
I think this is a fantastic indicator that we are about to leg down to 110, or potentially to a new low for the year.
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