BATS:IWM ISHARES RUSSELL 2000 ETF
This could work out a number of ways, but keep in mind $106 is still in play. Today's S2 aligns nicely with the lower support. This chart should be considered in tandem with my previous eWave chart from Friday (on IWM ). We'll need to see a sustained break here as the bulls have spoiled more than one good signal the past several weeks. Note divergence in dipping into the negative reading. Good luck everyone!