First Trust Managed Municipal is slightly down on the day, it isn't making a very large move but still down -0.17%. We'll see if it can keep moving down or not.
First Trust Managed Municipal doesn't seem to be at a very clear reversal point in either direction. First Trust Managed Municipal hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. FMB might find some support at the 51.19 level, buyers might push the price back up from here. But it's not very clear what will happen.
