RUT has break session low and Â is now challenging support at 690.92
Review of last week closing for SPX and RUT to start the week. Both SPX and RUT exhibit bearish signals from the candlesticks despite the Ichimoku has not indicate it.
I believe RUT provides a fairly good proxy to the risk appetite of the market. When RUT starts to slow down on its advance, it is a sign that the broader market is perceiving it as more risky.