Trader Brian Jones@MasterBJonesIt seems like the s&p dropped a lot. But remember it was way over the 50 sma when the drop started. So it's now only 83 points below the 50 sma. We've seen drops this year when it got as much as 150 points below the 50 sma before it bounced.3:15 AM · Aug 29, 2022·Twitter Web App1 Retweet25 Likes