[S&P 500 Index (SPY) Falls Below 100-Day Moving Average for the First Time in Two and a Half Years] According to a report by Jinse Finance, financial data and information platform Barchart has released a chart indicating a significant technical signal from the U.S. stock market. The S&P 500 Index ETF ($SPY) has closed below its 100-day Moving Average on two of the last three trading days. Data shows that this is the first occurrence of such a technical pattern since May 2024. This signal is often regarded by technical analysts as a strong warning of a weakening mid-term trend or the market entering a deep correction phase.