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Market Impact: 0.18

TNA Makes Notable Cross Below Critical Moving Average

Source: Nasdaq

Market Technicals & FlowsDerivatives & Volatility

Direxion Daily Small Cap Bull 3X ETF (TNA) fell below its 200-day moving average of $60.14, trading as low as $58.52. The leveraged small-cap ETF was down roughly 0.7% on Thursday, a bearish technical signal that may weigh on short-term sentiment toward small-cap equities.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.22

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