IWM And A Second Down Week?

The IWM and a second down week?

The IWM closed lower last week.A close below 138.65 would be a second down week in a row.That has not occurred since 11/4/16.

The 50 DMA @ 136.68First support @ 134.72

The 200 DMA @ 125.57 is inside our bounce zone @ 127.87-124.80

Might be a good time to buy some IWM March 128 puts.