goodguy

Down from here at least short term

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AMEX:IWM   iShares Russell 2000 ETF
Have been on vacation. IWM looks at least short term down from here. Nice down channel. Nice negative reversal in the 4 hr. RSI. Would expect drop to at least close gap. More likely will go to the D level. Some chance could crash down from here through channel if we have a 1-2, .1-.2 set up in the 3rd wave down. 2x bear ETF: TWM. 3x bear ETF: TZA. Take care. Have a good rest of the week.
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