Small-caps bottomed in June with most stocks in the market. 

Do you know what's not evidence of a downtrend? New 10-month highs.

Take a look at all that resistance from 2018 and 2020 turning into support since the stock market bottomed last June: And remember, some of the worst indexes made new lows in October, although for just a brief moment before ripping. However Small-caps did not. Small-caps bottomed in June with most stocks in the market. The path of least resistance remains up.