As shown below in the snapshot of our Trend Analyzer tool, small-cap and mid-cap stocks have had a rough go of it lately.  The Core S&P Small-Cap (IJR) and Micro-Cap (IWC) are both down the most of the major US index ETFs since last week at -2.17% and -2.18%, respectively.  Along with the Russell 2000 (IWM), these ETFs have each moved well below their 50-day moving averages into oversold territory.  This is the first time in a while that we have seen multiple ETFs oversold at the same time.  Unfortunately—with the exception of the Dow (DIA) and Nasdaq (QQQ) who have continued to perform well recently—even the ones that have edged out gains are not necessarily saving graces.

 
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