Looking at our former ATR trading charts we see a short-term Sell just triggered on the DJIA (left), while a major Sell on this chart is getting close on the IWM Daily chart (right). A drop below IWM 212.00 (currently at 215.90) would trigger an Intermediate Term Sell. Updated IWM Chart From Weekend Update The size of today's red candle looks more like the beginning than an end of a trend. Together with the ATR charts above the market is moving toward a dangerous decline. It can still find support at IWM 210-208, but if that falls, look out.
