We have a clear line of support on the Russell 2000 futures:
Looks sort of like a heart, doesn’t it? I just noticed that.
In any event, it’s clear this support level is made of reinforced concrete. Just look how obediently the RTY did an about-face in the midnight hour:
As with all charts, it is a two-sided coin: the more times this level successfully holds, the stronger it proves itself to be; but if and when it finally breaks, the break will be that much more severe.