Dow Drops Below 50-Day Average

Jason Goepfert
2019-05-08
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Tuesday’s big decline was enough to knock a few indexes down a peg, but because of the strong trend, most of them are showing little to no technical damage. Among the “big four” U.S. indexes, only the Dow Industrials has really wobbled. For the first time in months, the Dow closed below its medium-term 50-day moving average, the only one of the four major indexes to do so.

It was also the only one of the "big four" indexes to close below its average.

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