RUT Levels

The RUT had another dizzy day as it fell, found support, rallied 27 points then fell back to close 2 points down at 662.35

The RUT closed with a High Wave Doji candle showing extreme indecision.

The RUT found intraday support at 747.58 today and the RUT also has some support from the March lows at 643.28. It came so close today to testing that March low and I would have been in more of a bullish spirit if it had. With the collapse of the RUT in the last half hour of today's trading, I'm more inclined to watch for a second chance of retesting the 643.28 tomorrow. With the SPX and DOW closing at new lows today the selling is still not over.

RUT Daily Chart: High Wave Doji candle formed today