iShares Russell 2000 ETF

$IWM is Trump rally about to get wiped out?

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IWM been leading markets up most of the time, looks like it is leading down this time. on purely technical aspect, it retested the neckline of H&S, also retested the break of the flag. if this confirms, price target is around 117-118. everybody seemed to be talking about inverted H&S playing out on SPY few weeks ago (which obviously failed). I don't really see too many posts about this H&S playing out. We'll see if this will turn in to one of the greatest bear traps, or if Trump rally is about to get erased. I posted inverted chart as it is more friendly to my bullish biased eye :)

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