Bearish Sign for Stocks as Majority Below 200-Day Average: Chart

Bearish Sign for Stocks as Majority Below 200-Day Average: Chart

(Bloomberg) -- A majority of global equities have fallen below their 200-day moving averages for the first time in 15 months, in a sign market breadth is weakening. Fifty-two percent of the members of the MSCI AC World Index are trading below the mean, a break beneath which is typically considered a bearish signal by traders.

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