JaxonWilde

Small Caps down from here

Short
JaxonWilde Updated   
AMEX:IWM   iShares Russell 2000 ETF
It looks like we broke the uptrend and broke the wedge pattern today. Key support seems to be around 136.30 with a new low at 133.25. Breaking below though those levels would confirm a new downtrend. Considering the unemployment and COVID still not under control, it would make sense to have another pullback.
Trade closed: stop reached:
Should have closed this earlier. The move above 146 invalidated the pattern.
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