Primary Chart: IWM / Russell 2000 Weekly Timeframe
The Russell 2000 (IWM) is often a leading indicator in US markets. It led to the downside in early November 2021 after a false breakout out of its 2021 topping-pattern's resistance around $234. SPX topped nearly two months later on January 4, 2022. While small-caps are not necessarily always the first to make a...
The highlighted red apex is the path likely for BTC in the coming days. The apex is around 6300.
Not a whole lot of trend momentum at all, so more flat-lining to be found (with the slight bearish slant from the slight RSI divergence)
Yawn! Wake me up on a break above the upper black bearish trend line
