NEW YORK ( TheStreet) -- The U.S. stock market continues to trade under the cloud of a ValuEngine valuation warning. In this environment I have been warning about downside risk to the 200-day simple moving averages as a reversion to the mean. Today I profile 11 Dow Industrial Average components that either crossed below their 200-day SMAs, or are close to doing so.In recent weeks the Dow has been the laggard among the five major equity averages I follow as key to timing a confirmation of a stock market peak.
11 Dow Components vs. Their 200-Day Moving Averages
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