Rut futures RSI sits at 58, suggesting room for upward momentum without being overbought. A strong close today above 2,040 could catalyze momentum traders into next week. The newest slayer is clearly Campbell. The first-round rookie entered the weekend an established menace, but he hadn’t yet had the exemplary data to back it up. No more. With the offense mired in a second-half rut, Campbell jarred a fumble loose from Buccaneers running back Bucky Irving that made it so the Eagles only needed 25 yards to score their final touchdown of the game. Campbell’s heads-up interception on Tampa Bay’s penultimate drive ended the Buccaneers’ greatest threat at a comeback. This string of betterthanexpected news is important, particularly when we take positioning into account. leveraged funds have their largest-short ever in Russell 2000 futures. Whether this position is an active bet against small caps or a preference to hedge in a market less driven by AI, the short base creates dry powder for a move higher when one considers that there is both fundamental and technical rationale for a continued move higher in Russell 2000. On the right side of the chart, the short base went from short 50K contracts to long 50K contracts last fall, which coincided with the big absolute and relative move in Russell 2000. Now the short base is over 100K contracts, so even a move back to flat positioning could potentially lead to a similar 13% move that markets saw last fall which points to Russell 2000 futures over 2500. Current rut futures open interest indicates cautious optimism—up 4.5% from last week. This could signal increased hedging, but the technical chart leans bullish if support at 2,000 holds.