RUT bearish ending diagonal?

١١ أكتوبر ٢٠٢١

We've been watching the 161 extension level on the RUT for 6 months now. It's interesting that the stocks that have been most volatile mainly come from an index that has traded essentially flat. We think a major breakout will come from this RUT range.

A big decision is to be made in RUT from this area. It's starting to look like the range is becoming an ending diagonal and we're already into the early - subtle - part of the breaking of this.