
The S&P 500 broke below the 788.90 low from March 2003. The index,
at 784.24 currently, saw a low of 776.97 before edging higher. Beyond
that, strategists at RBC Capital Market say the bearish breakdown
Wednesday in the S&P below the 2008 low at 818.91, seen Nov 13 "highlights the 2002 low at 768.58."