The index last closed below its 50-day moving average on April 10, which marked the end of a correction phase that included a 5,000-point drop at its low point.
Source: [MarketWatch](https://www.marketwatch.com/story/dow-drops-below-a-key-chart-level-warning-of-more-trouble-ahead-ec3eb664?mod=mw_rss_topstories)