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Market Impact: 0.15

Notable Two Hundred Day Moving Average Cross

Market Technicals & FlowsCredit & Bond MarketsInvestor Sentiment & Positioning

NYLI MacKay Muni Insured ETF (MMIN) crossed below its 200-day moving average of $23.71, trading as low as $23.63 and down about 0.7% on the day. The breach of the 200-day MA is a short-term technical negative for the muni-insured ETF and could indicate modest downside risk if price does not recover quickly.

Analysis

NYLI MacKay Muni Insured ETF (MMIN) crossed below its 200-day moving average of $23.71, trading as low as $23.63 and down about 0.7% on the day. The breach of the 200-day MA is a short-term technical negative for the muni-insured ETF and could indicate modest downside risk if price does not recover quickly.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

-0.05