/RTY (Russell 2k Small Cap futures) just made an impulsive breakdown below the 60-minute uptrend line/bearish rising wedge pattern. On watch for a potential bear flag on /RTY & IWM to form here as /NQ & /ES ($NDX & $SPX large-cap indexes) both just hit & reversed off comparable trendline support, with sell signals pending a solid break and/or 60-minute close below on both. 60-minute charts below.
To reiterate, the small-caps have triggered a decent sell signal although if & when those first two price targets on /RTY (1660ish & 1640ish) are hit will most likely depend on if/when we get those sell signals on the large-cap indexes.