$IWM: BEARS ARE GAINING CONTROL iShares Russell 2000 ETFBATS:IWMOLIV2020IWM appears to be performing worse than the $SPY. The narrowing channel, which looks like a wedge, has broken, and the price has fallen below the December high support level, indicating a potential failure to achieve the new ATH. To make matters worse, it is also dropping below the 10-week simple moving average (SMA) this week. The next level of support is at 237.