Focusing in on the RUT (I use the IWM), I have two solid points and some other weaker points for another week or so of bullishness. However, my whole case is contingent upon getting a follow-through candle on Friday the 24th to validate the potential intraday reversal on the 23rd. (S1): the RSI (14) remains above the 60 line, very significant in the works of Constance Brown. (S2): the CCI (20) shot up well over 200 on the 16th, as it did in mid January of 2018; when it did there was still seven more days to succeed in producing intraday highs. (Others): the completion of an island reversal pattern would have had me out on the 21st would have changed my mind, but did not validate (gap closed); the volume for a would be topping pattern is still above where I would expect it to be; there is an incomplete Elliott Wave 5-wave pattern, NOV-JAN (even though I have come to hate EW due to being unreliable 🙂 ; support about and closing above the 20 DMA on the potential reversal….disclosure: I own a 169/173 Jan 31st bull call spread….just continuing the conversation 😉