S&P threatening to break below its 50-day moving average and take out this previous zone of short-term support. https://s3-us-west-2.amazonaws.com/maven-user-photos/seanhyman/fundamentals/IOSU6hIfr0e_ddd3b0bprg/SUorrpnXdUGqLmob75gKZA
Dow down over 300 points, reversing a nicely positive opening earlier. Big intraday reversal. Question is if it breaks support or not, near-term. The market didn't like that negative manufacturing reading this morning.