Fundamentals tell you where the market should go. Elliott Wave Principle gives you the road map to get there.
Vega - be aware of an ED scenario which makes sense at the end of major rallies! It would whip traders around good. (bad)I tried to spell it out on my post today...http://jeffreygtc.blogspot.com/2012/02/friday-february-24th.html
Another high cannot be ruled out.RUT however is very interesting.Looks like some kind of sideways consolidationwhich will end with a burst higher.
it seemed to be a whole week ahead of the SPX ... In % RUT is +38 in this wave vs. + 27% for SPX