Short RTY1! for the 50d SMA E-MINI RUSSELL 2000 (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:RTY1! Apollo421 55x forward earnings? Yikes. Expect small caps to lead the way down if we do indeed roll over into a risk-off environment in the next few weeks. The 50d should catch-up with the 38.2% Fibo relatively soon. We'll cover our short when we hit one of them.