
On March 19, the benchmark S&P 500 index closed below its 200-day moving average for the first time since March of last year. With equities already choppy at the start of the year, this technical break will have made investors even more nervous.
However, the break itself is only part of the story. What matters far more, and what history clearly shows, is how the market behaves in the days and weeks that follow. Let's take a closer look at what's followed in the past when this has happened and what investors can expect next.