RUT Still Under the 30MA (& 200MA)

The RUT opened up this morning at the 30MA and rose higher with the other indices, but fell to close again below the 30MA on the daily. This is significant in respect to it's relative weakness against the other indices which have all cleared their 30MA and 200MA.

The 200MA is still overhead for the RUT at the 807 level. The RUT has not even been able to "touch" the 200MA since it broke below it in late July. Technically it shows extreme weakness at it's current level. The price action for the RUT in the last few weeks has been sideways at best. There have been intraday highs, but there have also been intraday lows (the tails on the daily chart).

RUT Daily Chart