“Stocks Look Fine—But the Market Just Turned Red”
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.