if you have been watching...it seems as if the ER2 has a "mind of its own" lately...watch for strong divergences from the ES,NQ & YM...this will offer great trade setups for those trading the ER2...of course this is my opinion...therin lies a strategy...do your DD...IncreaseNow!
That question is like asking when will the preachers daughter come out. Subjective. In time you will know some things are just useless to watch, in fact MOST things are useless to watch. ..
I believe small-caps are more influenced by the fed decision. Large caps will have more influence by employment numbers and other macro stuff.