The US-Iran War: Phase Two (Where The Pain Starts)

Core Viewpoint - The S&P 500 has closed below the significant technical support level at the 100-day moving average (100dma), marking the first such close since the April 2025 flash crash, indicating a critical technical development for the index [1] Technical Analysis - The S&P 500's recent close under the 100dma is a notable event, as it reflects a shift in market sentiment and could signal further volatility ahead [1] - This technical breach is significant for traders and analysts who monitor moving averages as indicators of market trends [1]