IWM showing signs of distribution? Leader looking weak?

iShares Russell 2000 ETF (AMEX:IWM)

Updated

AMEX:IWM iShares Russell 2000 ETF

Watching IWM make lower highs and finally break
below the 50d with volume. A sign of distribution by
MM at highs? Red alert

Comment:

50d has been support...if it breaks seasonal weakness takes over?

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