Hey, how about a morning post that has absolutely nothing to do with digital coins, eh?
I’d like to mention, once again, that the small caps (as represented by the /RTY below) still has ever real chance of completing its topping pattern. It has been a frustrating, annoying, exasperating wiggle-waggle, but by God, it hasn’t broken yet.
If God smiles upon the one or two ursine brethren that remain on this planet, a measured move would take us to about 1800, which I’ve highlighted on this longer-term chart.
Here is the equivalent move on the IWM: