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2026-09-23

Share of Industry Groups Above Their 10-Week Average Drops to 15% While the S&P 500 Sits Near 7,900

Share of Industry Groups Above Their 10-Week Average Drops to 15% While the S&P 500 Sits Near 7,900

Key points

Percent of industry groups above their 10-week average vs the S&P 500 (since 2018) | Breadth fell from 81% to 15% even as the S&P 500 holds near 7,900

Image source: @LanceRoberts