/RTY (Russell 2000 Small-cap Index futures) has hit the first price target (2342) for a 4% gain with the typical reaction/bounce off that level so far today. The next sell signal for /RTY, /M2K, IWM, RWM, TWM, TZA, etc… will come on a solid break below that level (today’s lows). Previous 60-minute chart from Nov 9th highlighting the bearish rising wedge breakdown below followed by today’s updated chart.

RTY 60m Nov 9th

RTY 60m Nov 9th

RTY 60m Nov 18th

RTY 60m Nov 18th