The Russell 2000 is up against a 14-year resistance line and might have put in a double top. This chart was sent to Premium Members over a week ago, as members were establishing short positions very near all-time highs.

After creating what could be a double top, the following week the Russell created a “weekly engulfing bearish pattern” wiping out a months worth of gains in the small cap index in a week! 

Joe Friday…If the Russell breaks steep rising support line (2), small caps become vulnerable to a large decline.

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past