airedale - I do agree with you, the Hurst 23 & 26dma envelope model I've been working with, says this should have been the 10wk low. I'm thinking we do about a 50% retrace today of move up from 10wk low on the RUT, to about RUT635, then start our trip up to the 20wk top, which should overshoot RUT662 target (based on 46day 20wk cycle).