YoungPearls
Short

difference between 2016 and now

AMEX:IWM   ISHARES TRUST RUSSELL 2000 ETF
we started breaking down in 2016 and then the shanghai accord happened the russell went back to the 200 day, pulled back and then was able to recapture. THAT HAS NOT HAPPENED HERE. in fact, this is the third try by the russell to get back above the 200 day. A failure here means we are likely to explore lower before another attempt at the 200 can happen. This week will be key. if we can't pop above, this is a very strong short.
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