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WellTrainedMonkey

$IWM: Topping out at top end of channel

iShares Russell 2000 ETF (AMEX:IWM)  
WellTrainedMonkey  
AMEX:IWM   iShares Russell 2000 ETF
Harmonic Patterns Chart Patterns Technical Indicators
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harmonicpatterns chartpattern indicator
This is a follow-up from my SPY and QQQ note:-

-> Classic top out with MACD peaking at +2.5x standard deviation and accumulated volume topping out at +3.5x standard deviation.
-> Very likely witnessing a lower high forming at 0.618x fibonacci retracement.

$SPY: Red flags aplenty

$QQQ: Island reversal gap formation
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