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JMUB Crosses Critical Technical Indicator

Source: Nasdaq

Market Technicals & FlowsInvestor Sentiment & Positioning

Shares of the JPMorgan Municipal ETF (JMUB) traded in oversold territory, dipping as low as $49.06 per share. The move is attributed to an RSI-based technical signal, which is more indicative of positioning/flow dynamics than a fundamental change.

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