SMALL CAPS: Russell 2000 (IWM ETF)

The ETF has shifted below it's prior demand-supply zone with the price trending toward it's 50-61.8% Fibonacci retracement zone. The 61.8% is also just above the previous breakout level seen on 20 July.

7-day Regime = Very Weak, Approaching 'Near Oversold'
14-day Regime = Weak