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:

And, if it sold, it could be right from this exact spot...

Okay, perhaps worth a shot here, but I'd expect a reversal and grind up and stop out with too high a probability to be really comfortable with...

Bullish tick ABCD at 'support', now we see.

Little ABCD and 'support' (.382/.447 overlap at multiple line convergence) gives way.

Next level right here.

Do or die for it right here. 86. Critical mass.

the big dog is up 14¢

Hanging on by a thread...

Boy, do they know where the danger zones are...

it might have to, and we'll find out soon

Originally posted by tx_ches

I could certainly see it going lower though.