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IWM - The party is over (for now)

Short
iShares Russell 2000 ETF (AMEX:IWM)  
SPY_Trader  
AMEX:IWM   iShares Russell 2000 ETF
Technical Indicators iwmshort
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indicator iwmshort
Today the IWM opened at 384.66. Through the day it traded as high as 386.13 and as low as 380.20
Bollinger Bands
Looking at the Bollinger Bands for IWM, you can see that IWM is trading in the lower, which is considered to be a bearish sign.

MACD
Looking the MACD indicator below, you can see that the red is over the blue. This is can is indicative of an overall bearish towards IWM by the market.
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