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Global X MLP & Energy Infrastructure Breaks Below 200-Day Moving Average
Source: Nasdaq
Energy Markets & PricesMarket Technicals & Flows
Global X MLP & Energy Infrastructure ETF (MLPX) fell about 1.7% on Friday and traded as low as $70.60, below its 200-day moving average of $71.12. The technical breakdown may signal near-term weakness in the energy-infrastructure ETF, though the move is unlikely to have broad market impact.
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