Notable Two Hundred Day Moving Average Cross

First Trust Dow Jones Internet Index Fund ETF (FDN) crossed below its 200-day moving average of $264.86, trading as low as $264.65. The move signals a modest technical deterioration and may indicate weakening momentum in the internet sector fund. The article is mostly a technical market update with limited fundamental news.

Analysis

First Trust Dow Jones Internet Index Fund ETF (FDN) crossed below its 200-day moving average of $264.86, trading as low as $264.65. The move signals a modest technical deterioration and may indicate weakening momentum in the internet sector fund. The article is mostly a technical market update with limited fundamental news.