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Bespoke: Trend Analyzer – 10/16/18 – Holding Pattern: All But (DIA) Oversold

TedTed
in The Bullpen
FYI: Today there is more of the same that we have seen this past week in our Trend Analyzer Tool. Every major US Index ETF with the exception of the Dow (DIA) remains extremely oversold after most markets again finished Monday slightly lower. The recent volatility has now erased YTD gains for three of the members of this group. The Russell Mid-Cap (IWR) ETF is currently down the most YTD at 1.06%. Core S&P Mid-Cap (IJH) is down 0.53% YTD, while the S&P MidCap 400 (MDY) which is down a quarter of a percent. Also important to note is that the Micro-Cap ETF (IWC) and the Russell 2000 (IWM) are both now trending sideways after breaking their uptrends on this downturn.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/trend-analyzer-101618-holding-pattern/
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