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[Mr Dev]

i'll just point to you folks that can thro up a RUT:VIX with 2 RSI to see that it topped March 26ish then April first and now this morning ... now with a gap open below us along with the rising trendline of support this topping RUT ratio may strong enough to cause a breakdown in prices. good luck out there ..stay nimble but with a bearish bias do moderate any exposure to the long side while playing a little more aggressive to the down side. my bullish pattern is barely if at all still in play.. i thought it would take us straight up into Tuesday morning but the resistance of this chop channel has had its influence.. now the RUT ratio...and im less bullish and holding a bearish position until the channel can break out or break down from here.

Edited by Mr Dev, 20 April 2012 - 08:52 AM.