martis the bear and caylus the short - tuesday, page-10

RUT daily still a few hours of this session left but this is the island reversal pattern that i'd have liked (unrealistically) to have seen appear on the techs but they've been quite stubborn. Transports has gone to a new high so that "AB" and "CD" comparison was a big fail. But, RUT is a leader with a fairly solid reversal going down and NASDAQ Comp, SPX, Dow didn't make a new high, so further falls across the board in the days that follow is still supported by some reasonably sound evidence.