the top of the first target zone for the IWM 60 min/120 min time frame has been hit so consider taking some profits or lowering stops, depending on your plan.  i still favor additional downside, including the bottom of this target zone before any meaningful bounce and will mark this trade as completed (but also still active) if/when the bottom of this first target zone is hit.  IWM as well as the QQQ & SPY still have a way to go before they hit the final targets but i just wanted to point out in case anyone took the IWM short a while back and was targeting this level as i use target zones vs. a hard line when the support level is a range vs. a hard level.  some of the last few 60 min charts are in order below but i used a 120 min frame on the last one (updated) to better highlight the original entry (breakdown and re-test of that yellow uptrend channel.