Towering 10-Day A/D Lines

The Iran war helped drive a tough March for US equities, with the S&P 500 falling close to 10% from its 52-week high. Market breadth also deteriorated materially, signaling weaker internal participation and a more defensive risk backdrop. The article points to a market-wide, geopolitics-driven selloff rather than a company-specific event.

Analysis

The Iran war helped drive a tough March for US equities, with the S&P 500 falling close to 10% from its 52-week high. Market breadth also deteriorated materially, signaling weaker internal participation and a more defensive risk backdrop. The article points to a market-wide, geopolitics-driven selloff rather than a company-specific event.