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

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SPDR S&P 500 ETF TRUST (AMEX:SPY)

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AMEX:SPY SPDR S&P 500 ETF TRUST

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?

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Underperforming*

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

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