DTF Crosses Below Key Moving Average Level

DTF Tax-Free Income Fund shares fell as low as $11.32, crossing below the 200-day moving average of $11.36 and trading down ~0.7% on the day. The breach of the 200-day MA is a minor technical negative that may signal short-term bearish momentum for the fund, but the price move is small and unlikely to have broader market impact.

Analysis

DTF Tax-Free Income Fund shares fell as low as $11.32, crossing below the 200-day moving average of $11.36 and trading down ~0.7% on the day. The breach of the 200-day MA is a minor technical negative that may signal short-term bearish momentum for the fund, but the price move is small and unlikely to have broader market impact.