RUSSELL 2000 INDEX - $RUT
Monthly chart remains bearish with no buy signal/pattern evident on this timeframe. 
Weekly chart shows continued weakness and increasing downside momentum. No buy signal/pattern evident on this timeframe.
Daily chart shows short term support was found during Friday's trading session to be right at the .786 fib level. This support creates a potential bullish gartley butterfly pattern. IF there is indeed short term support off this level, THEN look for aggressive buying to take the index back up to the .618 to .786 fib upside targets.
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