Dow has 2 closes below the 5 day EMA

M

mattjclark

That's the first time we've seen that in almost 2 months. Is this the start of a 100-300 point pull back, or just some pre earnings season jitters?
 
Quote from Pabst:

No other major average closed below it's 5 day.
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I can think back to other times when the Naz and Dow were not trading in sync (as recently as a month ago), but other than Jan-Mar 2000 I don't think any of those periods were terribly significant.
 
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