![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMbHpNDHrxyT__bhupoSnwRkqTGTWgdahLcQn4zzRV4hHp9o81RB3mhwQhjX0OQkIONxPAhYSyram4Z6RxscuczluTBunmLiFlWRBKvQEfGjxzyC7hdkfrDaGCVRkc9uJz5nol7bCIK0ZV/s320/$SPX_all_trendlines.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUFqxyk0lKTGbKIbRX02pOy3APh8AMtXnopE_zjed5Ki87agMLu3jT3zNfg0_7fERNOcsSE8gDla9aC6SloCT_13gfPBp-MT8HycEzGCs9Gg62xFdAuqrRun0DvEJ2iirJSlWgph3lxp3M/s320/$RUT_micro_trendlines.png)
The $RUT has a bit to go to hit it's upper trendline, the bear case is still O.K. as long as the $RUT, finishing it's rise, doesn't drag the $SPX and others too far over their trendlines, thus creating a breakout and a new Bull run. That would be a time for Bears to quickly abort their positions...
Be careful here....
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