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AAA Makes Bullish Cross Above Critical Moving Average

Source: Nasdaq

Market Technicals & FlowsInvestor Sentiment & PositioningCredit & Bond Markets

Alternative Access First Priority CLO Bond ETF (AAA) moved above its 200-day moving average, trading as high as $25.06 versus the ~$24.98 level. The article also notes the shares are up about (the remainder of the figure is cut off), which reads as a mild positive technical signal rather than a fundamental catalyst.

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