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jerms
Apr 30, 2015 3:47 AM

IWM looking top heavy..  Short

iShares Russell 2000 ETFArca

Description

IWM has just broken a long term uptrend line that has held for most of this entire up move. you can see a break and a retest and a failure. even on the ambiguous FED speak the market didnt rally like it usually does. Also bearish seasonality will come into play with "Sell in MAY only 2 days away.
Comments
vitka.frankovic
Funny on my charts channel is not broken yet 123 b/d level
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