@kayriitz73, yes today is bullish. Should I be stopped out of this trade (a -1% loss), that's fine because RR is higher anyway, the higher that RUT is inflated, as americans spend their last round of unemployment checks to buy stocks.
@kayriitz73, So this is the Russell 2k, which is not a good chart to use if you're trying to look on the bullish sides of things. For that check out the NDQ (COMPQ) or the SPX for some nice inflated gains. However, this index is technically in a bear trend, which would make your above pattern a rising wedge (bearish continuation pattern). Also check out the 200 MA, which it's currently about to test and reject.