Moves below MA level
The S& P is trading near low levels at the 2089 area and is also taking a peak back below the 50 day MA at the 2090.21. level. The 100 day MA is at 2069.23. The 200 day MA is at 2027.99. FYI, a move to the 200 day MA would represent at 4.59% decline from the high.
Salesforce was halted for volatility as reports that Microsoft was exploring a purchase of the company. The stops is up 3.35% after being closed for volatility. In the current environment, the negative news stories carry more weight. Up 3.35% is not like a 25% decline in TWTR.
