The R2K AD MCO exhibited a classic relationship with price since mid-May, 2006. The R2K AD MCO posted a negative extreme, which is almost always followed by lower price lows, which occurred. Then, in late Fune, the R2K AD MCO achieved a positive extreme, but failed to carve more than a simple structure above its zero line - suggesting more work was needed in the bottoming formation process. Now the R2K AD has carved out a pattern of higher lows/higher highs, constructive action for the intermediate term. Currently at +73, the R2K AD MCO would need another 8 points to exceed its late June/early July thrust to +80. A good sign for the bulls when enough liquidity is available to find its way into this group. There is accumulation underway in the small cap universe. Makes me think with the triple bottom in place that the 4 year cycle has passed and is now on the upswing. Snort.