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With the S&P 500 A/D line showing up at minus 462 today, this is the ninth worst reading in the last ten years. Looking at all days where the S&P 500 daily A/D reading was minus 450 or more, we found that the average decline on the day was over 3%, which makes today's 1.3% decline (as of 11:30) seem paltry.

click to enlarge
s&p a/d line

Source: Today's Decline Could Be a Lot Worse