RUT is under-forming SPY. This is a bearish indicator

Updated
RUT is under-forming SPY. This is a bearish indicator. In 2007 RUT peaked months before SPY and QQQ. RUT peaked in 2018. RUT still in a downtrend. SPY has broken its downtrend. There will be convergence eventually. Does SPY/SPX drop or does RUT/IWM rise?
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Underperforming*
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