Market Averages seeing SHARP/Fast Distribution

It looks like the IWM may try to hold as the others start to lose their relative performance today.

We are in the general area where a bull trap is set. I'll get charts up ASAP, but I needed to get this warning out quickly.

I like shorts in the area, although I can't say this is the perfect timing, in the big picture, I don't think it matters that much.

In any case, everything is moving as expected and now this.