S&P 500 Breaks Below Key Technical Support, Dow Nears 1000-Point Plunge

Writer at ZeroHedge • Jun 27, 2016 at 10:30 AM EDT

For the first time since March, the S&P 500 has tumbled below its 200-day moving average; the last two times it broke this trend, things escalated very quickly.

For the first time since March, the S&P 500 has tumbled below its 200-day moving average; the last two times it broke this trend, things escalated very quickly. The cash S&P index is now down 100 points from pre-Brexit euphoria but Dow futures are down almost 1000 points from the 18,025 highs pre-Brexit.

S&P breaks key support...