Don't Ignore This Chart!

Russell MicroCap iShares Underperforms Russell 2000 ETF

 | 

Small-caps are underperforming large-caps and microcaps are underperforming small-caps. Microcaps are similar to the momentum names in that they represent the high beta end of the stock market. The chart below shows the Russell MicroCap iShares (IWC) breaking below its February low with a 14% decline. The indicator window shows the IWC:IWM ratio falling to its November lows. 


Click this image for a live Chart

Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus