IWM Getting Hammered

So far the other averages are hanging on, but the IWM just gave up the ghost or so it seems.

 We'll have to see how this closes, the market hasn't let early losses like this stand without a bounce back, so how the IWM closes will be important.

 Note the volume as stops are picked off below the a.m. support.

 The 15 min chart is in line or confirmation of the downtrend.

 The 2 min positive divergence only produced a modest bounce, right now it is in line with the trend.

The 1 min shows a possible positive divergence, we'll see if it builds.