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TheSessionMaker
Apr 2, 2013 6:59 PM

IWM Breakdown Short

iShares Russell 2000 ETFArca

Description

Chalk one up for the bears as this is the first real stock index breakdown so far this year. I'd like to see a gap fill at $91, and then a bounce. Based on how the bounce acts, we can re-evalute. Overall, a real warning signal for the bulls on top of all the bearish divergences out there.

Trade with caution.
Comments
TradeVulture.com
If only I could see this chart...through the sea of trendlines...lol.
TheSessionMaker
I suppose you're correct. I typically try to keep my working charts separate from those I publish. But I'm pretty sure you get the idea anyway.
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