Trend trading: The Russell 2000 ETF underperforming

The Russell 2000 ETF (IWM) is, after several months of outperformance, underperforming The S&P 500 Index ETF (SPY) by approximately 6.2% over a 50 day moving average. The short term MACD is positive, the long term MACD is negative. Stock chart below:

Russell 2000 ETF (IWM)

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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