RUT: Holding the 20MA

The RUT put in a very bullish day Friday after retesting the 20MA on the daily chart and the 440 support area. On the bullish side, it also closed up about 70% of the previous day's red bar. A close higher then 55% of the red bar would be seen as bullish.

With the current market volatility I'm taking a day by day approach to my bias and for today I am short term bullish since we held the 20MA and it created a higher low and a higher high on the daily charts. We'll see what happens on Monday.

RUT Daily Chart: