INDEX:IUX Russell 2000 Index
On Sept 20th, we posted on our StockTwits about the formation of an pattern. The Russell 2000 index managed to also form a death cross on the same day the pattern was formed. This typically spells out danger for the future. As the indicators reach oversold territory, there is a chance buyers may bring it back up to the 200 day before this finally breaks lower. The 1100 support will probably be tested first.