Support Breached, How Deep Will This Go?... 09-Jan-26

The Index has done damage. By breaching below key short-term moving averages, the market has officially shattered its first line of defense. The "buy the dip" crowd is disappearing, and weak sentiment is taking over. Neel Parekh explains why this specific breach is a major red flag for your portfolio and reveals the next real support level—because the floor you thought was there is gone.