Trader Brian Jones on Twitter: "s&p is about 83 points over sold from the 50 sma. But we've seen as much as 150+ on big drops. So I wouldn't call this extreme oversold. https://t.co/bZR7gGcl0p" / Twitter

s&p is about 83 points over sold from the 50 sma. But we've seen as much as 150+ on big drops. So I wouldn't call this extreme oversold.