Well, looking at the weekly, the RUT definitely seems to have a lather, rinse, repeat thing going on: <A HREF="http://stockcharts.com/def/servlet/SC.web?c=$rut,uu[d,a]waclyyay[d20020107,20060131][pd20,2!f][vc60][iut][j20301857,y]&listNum=6" target="_blank">http://stockcharts.com/def/servlet/SC.web?c=$rut,uu[d,a]waclyyay[d20020107,20060131][pd20,2!f][vc60]...</A> And if the pattern holds, the RUT has just finished lather and is about to be rinsed.