Midcaps Still Weaker

12/10/2008 9:48 am EST

Focus: ETFS

Thomas Aspray

, Professional Trader & Analyst

chart

Since October, the midcap stocks, as represented by the S&P 400, have been weaker than the S&P 500. The bar chart shows a break of key support in September, and the RS chart had also turned negative by the end of the month. Strong resistance lies at 580-620, and a drop back below support at 450 would be quite negative.

Related Articles on ETFS

Keyword Image
Feed the World: A Look at MOO
09/24/2018 5:00 am EST

As an exchange-traded fund tied to the global agriculture industry, the VanEck Vectors Agribusiness ...