Courtesy of ZeroHedge. View original post here.
Submitted by Tyler Durden.
'They' said it could never happen… 'They' said to BTFATH… The Dow has now dropped 6.2% from its highs 14 days ago – the biggest such drop in 11 months and for the first time in 2013 has crossed below its 200-day moving average. The trend is no longer your friend it would seem…
Dow is at 14719 and the 200DMA is 14728.5… the 50DMA has also crossed below the 200DMA