IWM Continues to Deteroriate Faster Than SPX. But How Long Will That Last?

SPY vs. IWM-- weakness in both major market ETF's has inflicted meaningful technical damage today. SPY has sliced beneath its July-Oct. up trendline at 291.50, while IWM has violated its Feb.-Oct. up trendline, a much more serious breach of support. Will SPY accelerate to the downside to play catch-up to IWM, or will weakness IWM stall and recover? Answer: only the bond market knows...

10 04 18 SPY vs. IWM GIF
10 04 18 SPY vs. IWM GIF

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