BATS:IWM   iShares Russell 2000 ETF
Noticed the breakout rejection as no new highs were made. It did manage to break through both channel's resistance but was beat back down shortly after. As the hourly is not quite overbought, we could see a potential retest of the upper channel before rolling over. The daily is really overbought and has signaled a short crossover. Nice trade setting up over the week.

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