60 min bullish falling wedge is breaking out and the IYR 60 upper trendline breaking down. although an entry here could be premature, as i will often wait for a candlestick close below the breakpoint, i’m seeing some pretty impulsive selling on the 1 min index charts which my gut tells me might be the start of a larger sell-off. i will be closely monitoring the 60 min broad index charts for additional confirmation to add to my shorts.