RUT Possible Range Based Bull Trap

While everything else put in really big rallies RUT has lagged and acted a lot more consistently with a classic bull trap pattern.

I continue to think the weakness in the RUT is sus, because in theory small caps should be stronger into the early section of a bull market.

Probably a spike to come. Likely a fast one. Maybe a good time to be long OTM calls, but the ideal things for a bear setup here would be a spike out of the range, a hit of the 76 retracement and then the downtrend starting.

Would be really interested in shorting a RUT pop here.