Retail investors became net sellers of US stocks and options last week, a shift from prior buying trends.
Net notional spending fell about 55% in March versus February and roughly 70% below the January peak.
Historical data shows S&P 500 rose in 82% of two‑month windows after similar retail‑selling signals, averaging a 4.1% gain.
The sell‑off follows heightened volatility from an 80% year‑to‑date Brent crude rise and the Iran‑related Middle East conflict.