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Reallifetrading
Jan 21, 2016 6:57 PM

Is the IWM confirmed bearish? Short

iShares Russell 2000 ETFArca

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Here's just my take. Some waves on here as well.

As far as "technical trading& analysis " goes IWM is confirmed bearish. closed below a massive support and trend. Volume increased. Candles are bearish. We got a gap. Below all EMA's a(10/20/50) on weekly and below the 100/200 SMA on weekly. Here's my wave count. If IWM retests, I'm going bearish.
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