Russell2K certainly is the weakest of the bunch. It has yet made a new high since the beginning of the year. Nasdaq100 and SPY500 all have made new highs recently. Not sure what else is there to trigger the decline.
NYA kicker gap down reversal (may fill gap monday) JNK same... multi week divergences... on many indicies and indicators... cues are all there... no need to believe, just trust the math $RUT to 1000 IWM to 100 it is here, when everybody EXPECTS Xmas rally... that the big boys sell.