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Popular Financial ETF Ends Below 200-Day Moving Average For First Time In 14 Months

TedTed
in The Bullpen
FYI: A popular way to wager on the financial sector Thursday closed below a long-term trend line intraday for the first time in about 14 months. The Financial Select Sector SPDR ETF XLF, -1.73% tumbled 1.7% to 23.88 on Thursday, closing below its 200-day moving average at 23.98 for the first time since early July, according to FactSet data
Regards,
Ted
http://www.marketwatch.com/story/popular-financial-etf-in-jeopardy-of-breaching-200-day-moving-average-for-first-time-in-14-months-2017-09-07/print

SPDR's Snapshot XLF:
http://www.sectorspdr.com/sectorspdr/sector/xlf
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