An underperforming corner of the market is about to get worse, trader says

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An underperforming corner of the market is about to get worse, trader says $IWM $SPY (via TradingNation)

here in blue, you're starting to see some hesitation. Each rally that we've seen has been shorter than the prior, momentum indicators are starting to roll over indicating ... buying interest is waning. "

Now, Gordon sees weakness coming to equities, and he's taking advantage of a retreat in one of the worst-performing corners of the market.

 

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