RUT Nearing All - Time High

Since March the RUT has been more bullish than the DJIA and SPX.
This was a good sign that the US stock market was not in the early phase of a large bear market.

Now RUT appears to be just a few trading days from making a new all -time high.

Watch the RUT and the declining daily trend line. If the RUT breaches this line it will be one
more piece of evidence that US stocks are in a bull move that could continue for several weeks.

Mark