I've been trying to chart the russell 2000 pattern given the recent price action and have been stumped to try to find trendlines with 3 or more points of contact. Today's price action appears to have put the third contact point on the upper trendline... And there are three points on the lower as well. If 3 points confirm the upper and 3 the lower, either one or the other is wrong, or, its a megaphone pattern forming. And if that's the case, look out below.