Category Archives: Morning News

Three Bearish Engulfing Candles On The Russell 2000 Chart Suggest A Possible Triple Top

A pattern of bearish engulfing candles has formed on the iShares Russell 2000 ETF (IWM) daily chart, which could be an indication that the small-cap sector has made a intermediate term top. In June a bearish engulfing candle formed just below the $170 level. The pattern was repeated again in July and once more just… Read More »