I last posted about the RUT here. Price is performing as I would expect, forming a topping pattern. I think the RUT will now drop precipitously to at least the 380 zone.
Notice in the 1h chart above that price broke out of the diagonal triangle very strongly, and has since been retracing up to the lower trendline. Once it hit the lower trendline, it reversed on strong volume, which makes me think that we're headed down to break through the beautiful Head & Shoulders pattern. Hopefully everything continues as planned in the future!