Jim suggested to take a look at daily charts of some secondary indexes and here is my current $RUT chart:
The green ML of a set based on big bearish 3D happens to be also a neckline of a classic head and shoulders. If bulls would not be able to defend this line next week, then a move to the lower ML should follow. This would also be a perfect fulfillment of a successful H&S pattern.
It is all the more interesting as this big bearish 3D fell dead on at the upper ML of a quite important set:
JI
jimkane
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Off course we all see the 1-min SL and three pushes, too, right here.
JI
jimkane
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But mostly this is all trying to figure out tick chart slop chop, as it slop chops around.





