Downward Pressure in IWM

IWM-- Now that IWM has cracked beneath 154.90, and its next downside target is into the unfilled gap area at 156.40/45, which if violated and sustained, points to 155.80/90.

More importantly perhaps, is the larger-developing picture, which shows a potentially MAJOR Double Top Formation at 160.63 and 160.30 that is exerting downward pressure within what looks the initiation of a secondary corrective downleg off of the Jan. all-time high... Last is 156.52/53

3 15 18 IWM Day GIF
3 15 18 IWM Day GIF

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