IWM shows weakness and a short-term downtrend; the 'dreaded H' pattern suggests further downside.

And so, if you look at the IWM, the small caps, you're going to see a lot of weakness.

And one other index I'm showing you is this small caps IWM, uh the Russell 2000. And that is showing a lot of weakness.

Uh here's the Russell. You can see this is kind of had a beautiful trend on the left side of the chart and then on the right side of the chart is got a short-term downtrend. Could it get worse?

Well, in my opinion, I have a a pattern that I talk about called the dreaded H and it made a little dreaded H pattern. Little little lowercase H. Went lower yesterday and now I think it wants to be below this wants to it tested this 287 and I think it wants to head there again. We'll see.