RTY Short — RTY breaking down through key 2832 support — weakestE-mini Russell 2000 Index FuturesCME_MINI:RTY1!mnktrdSetup: On the 4h, RTY peaked near 2916 on May 6 and has been printing a series of lower highs — 2896, 2887, 2874 — while the May 12 gap-down session confirmed distribution with ~35k volume bars. The 1h shows price failing at the 2860-2870 supply shelf repeatedly over May 13-14 before rolling over hard in the final 1h bars, breaking below 2832 into the current 2811 print. The descending structure is clean; every bounce is being sold. Flow: RTY is the weakest equity index today at -2.23%, consistent with small-cap fragility in a rising-rate environment — floating-rate debt exposure and domestic growth sensitivity make this the highest-beta short. COT confirms the setup: asset managers added 26k shorts WoW while leveraged money net short sits at -55k. The macro tape is uniformly risk-off — metals, rates, and equities all selling with DXY bid, removing the typical hedge. Plan: Entry is a limit at the 2828 area — the prior breakdown shelf from the May 14-15 overnight session and the underside of the 2832 level that broke in the last 1h bar. Stop is placed above the 2845 area, which represents the most recent congestion high and would signal a failed breakdown and reabsorption into the range. Target is the 2790 zone, which corresponds to the early May 12 intraday low cluster and is the next structural support on the 4h. The thesis is wrong if price reclaims 2845 on any 1h close. 📍 Entry: 2828.0 🛑 Stop: 2845.0 🎯 Target: 2790.0 ⚖️ R:R: 2.24