The Major Markets finished lower again last week. The three dominate domestic market indices of the Nasdaq, Dow Jones, and S&P 500 all saw breakdowns through their respective 50-day moving averages.
Past performance doesn't guarantee future results, it can be a good indication in terms of how much risk is present within an asset so that when we look at it, we don't get led astray by recent performance.
The major markets closed out a volatile week with mixed performance but still finding support as investors showed a willingness to buy dips in key areas.