iShares Global Industrials ETF (EXI) crossed below its 200-day moving average of $175.72, trading as low as $175.03. Shares were down about 1.1% on the day. The move is a technical signal that could prompt additional short-term selling or rebalancing by trend-following traders, but the immediate market impact appears modest.
iShares Global Industrials ETF (EXI) crossed below its 200-day moving average of $175.72, trading as low as $175.03. Shares were down about 1.1% on the day. The move is a technical signal that could prompt additional short-term selling or rebalancing by trend-following traders, but the immediate market impact appears modest.
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