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Market Impact: 0.15
FDD Makes Notable Cross Below Critical Moving Average
Source: Nasdaq
Market Technicals & Flows
First Trust Stoxx European Select Dividend Index Fund ETF (FDD) fell below its 200-day moving average of $18.95 in Thursday trading, reaching a low of $18.70 per share. The technical breakdown is a modest bearish signal for the ETF but is unlikely to have broader market implications.
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mildly negative
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