The RUT closed up 4.55 points today to close at 697.63
It's the only index that closed up today.
At the time of this post the ER futures (RUT futures) are down to 692 after some earnings reactions, but that could all change again tomorrow with the pre-market releases of more earnings.
Note that the RUT does have some overhead resistance as it's nearing the 30MA and 100MA on the daily chart. Above those MAs the 720 area should also act as resistance.
Should the RUT pull back on Tuesday I'd look for support at 688 and if that doesn't hold then 675.
RUT Daily Chart:
Monday, July 21, 2008
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