About to test the bottom of the descending wedge/broadening descending wedge
. Usually on a third touch of a broadening wedge
things reverse. I believe that we will Break out of this downward sloping wedge
, and tag the 1.618 extension
. Which happens to be at the top of this bearish channel
. If for some unbelievable reason we fall through the floor on the IWM
I put some reversal points on the chart.