iShares Russell 2000 ETF

Russell 2000: Reversal Soon??

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IWM is very close to multiple potential resistance lines. (rectangle) I would not be surprised to see a reversal soon, like with the SPY. Looking for price signal of a reversal such as bearish candle pattern or a price drop below a up trendline break. Note: long and shorter term drop in volume. There is a potential bearish divergence in the daily RSI. IFFF my count is correct (there are often wrong even with so called experts) wave 3 of C could be fast and furious.
Process your way. Best to you.

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