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RUT is under-forming SPY. This is a bearish indicator

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
rubindr Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis
3
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trendanalysis
RUT is under-forming SPY. This is a bearish indicator. In 2007 RUT peaked months before SPY and QQQ. RUT peaked in 2018. RUT still in a downtrend. SPY has broken its downtrend. There will be convergence eventually. Does SPY/SPX drop or does RUT/IWM rise?
Comment:
Underperforming*

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