Today the Financial Times is reporting on IWM weakness. A bit late, imho.
7/22/2017 USA main indexes: "RUT W: Looks about to get whacked. Not sure how the cash index shows higher high and reversal on Friday but maybe option expiration related. IWM D: JulR1 near tag and down. Still a more threatening reversal here than the others..."
7/26/2017 Daily comment: "Keep in mind that recent sentiment measures have been extended, and this increases the risk of a slowdown or shakeout. It looks as if Trump trade IWM and XLF will lead the way if that happens. Also, "Also, IWM is now a leading short hedge candidate."
7/29/2017 USA main indexes: "RUT sum: Continues to be weak link of USA main indexes."
8/2/2017 Daily comment: "IWM leading down as called, below AugP."
8/3/2017 Daily comment: "IWM leading down (as called btw), below AugP and testing major support area (another day down of similar magnitude would be the first long term weakness in months)"
8/5/2017 USA main indexes: "IWM has led the way lower as called, already testing a major support area 2HP and Q3P."
8/10/2017 Daily comment: "IWM 2HP / Q3P rejection!"