RSX - Weekly

Entire price history of RSX is shown. Difference in white and purple count is reflected in whether corrective action from 2011 through 2013 was an A-B-C or triangle with additional D-E. Purple alternative is NOT my current expectation, but positive divergences on indicators could be a warning. In this view, its clear RSX need not follow major US equity indices, many of which are set to melt up together. See other ideas on SPX500, US30, IWM, etc. Even EFA has a different set-up, but I digress.