Today's volume stick associate with a break of the swing low was significantly smaller than 1 & 2 tests. This suggests a big contraction in energy during the latest retest/break. While the mob always controls the casino over the short-term, they cannot do so for long without the support of time and energy (usually confirmed by a technical sign of strength). False breakdowns (and breakouts) are quite common.
Russell 2000 ETF (IWM):
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