Jesse Olson
@JesseOlson
Obsessed with charts, swing trading, and being a dad.
Chief Sniper @marketsniperpro
Joined April 2009
1.1K Following 81.6K Followers
$IWM continues to be bearish on the daily chart.
This weekly chart might print a candle close below trending dots, pending sell signal, and a pending RSI sell signal in the near future.
Once confirmed, odds increase of price hitting targets.
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$IWM is bearish on the daily chart.
Bearish divergence -> RSI sell signal -> Sell signal -> Broke down from trend lines -> Red trending dots
Four targets were set and a 1.9% gap remains open near target five.
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