(IWM: 134.83 -0.07%) (Russell 2000 Index) was among the first indices to crack after this mega-runup.

I doubt the purple triangle can work out to the upside. But as always, anything is possible. It just looks weak, and “sell in May” is not going to help.

Click to enlarge
may21_iwm

Source: ProShares

Ex-Div Date – 3/24/09 (today!)
Record Date – 3/26/09
Payable Date – 3/30/09

If you’re holding one of these at the end of the day today, you will get a dividend:

SJL, SDK, SKK, SDP, DDM, SSO, MVV, SAA, UWM, UVG, UKF, UVU, UKW, UVT, UKK, UYM, UGE, UCC, UYG, RXL, UXI, DIG, URE, USD, ROM, UPW, LTL, TLL