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TechnicallyCorrect

IWM Weekly Top?

Short
iShares Russell 2000 ETF (AMEX:IWM)  
TechnicallyCorrect  
AMEX:IWM   iShares Russell 2000 ETF
Trend Analysis Chart Patterns Technical Indicators IWM Double Top doubletoppattern Bearish Patterns TOP
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trendanalysis chartpattern indicator iwm doubletop doubletoppattern bearish top
IWM weekly looks very concerning as it may have formed a double top.

Last week's big down bar cut through the 20 EMA and the trendline. I expect more follow through to the downside in the near future.

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