3/3/2026
10:18 AM CST
Teh decline in the major indexes started well before the attack on Iran. But of course the media will ascribe today's big down day to the war.
NDX has dipped but not closed below our range line. this happened in MNovember. We need a weekly close below the November to make the definite bear case.
INDU the Feb high was 50,241 - 48,000 - 2,241 or a 4.4% decline. th Februar hihg was there about Feb 11, the decline has been in less than a month. We will report on the advance decline numbers at day's end, we need to see 8 or 9 to one favoring down trades over up trades.
AMZN and WMT are down affirming the down move.
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