This is not the chart that is headed back up - this is drifting sideways... there are no buyers. If buyers we're there it would head up.
Sideways, we drift down to the blue line then it gets tanked a little at a time or fast?
IWM is a great chart to navigate the market, and super easy to read.
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Yup - no buyers. ...and we went lower....
Bearish PatternsBeyond Technical AnalysisChart PatternsIWMNASDAQ 100 CFDNQSPDR S&P 500 ETF (SPY) Trend Analysis

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