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Home > Dow Crosses Below 200DMA For First Time In 2013

Dow Crosses Below 200DMA For First Time In 2013

By Tyler Durden
Created 10/09/2013 - 10:23
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 10/09/2013 10:23 -0500



 

'They' said it could never happen... 'They' said to BTFATH... The Dow has now dropped 6.2% from its highs 14 days ago  - the biggest such drop in 11 months and for the first time in 2013 has crossed below its 200-day moving average. The trend is no longer your friend it would seem...

 

Dow is at 14719 and the 200DMA is 14728.5... the 50DMA has also crossed below the 200DMA

 

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Source URL: http://www.zerohedge.com/news/2013-10-09/dow-crosses-below-200dma-first-time-2013

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