My last post on Russell 2000 cycle found several analogs which suggested another visit to the lower channel line. That occurred, and for good measure, a secondary sharper break lower developed beneath the 200d MA which looked like it had completely broken the Russell. (Even the cycle suggested low was postponed more than 2 weeks). Looking at previous instances, this now looks to be tracking out an analog from around this time of year in 2014. The overlay suggests a re-visit to the top of this current range (more chop) and then another sharp break lower in October which will bring it back to test a major support level going back some time.
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