Amazon Crashes 10% – Blows Through Critical Support

For the first time since March 2016, Amazon’s share price has crashed below its 200-day moving average.

Down 10% on the day, after missing revenues overnight, all of the FANG stocks are getting crushed…

Dragging Nasdaq dramatically lower… (S&P and Dow are back in the red for 2018)

Expect the Plunge Protection Team any second – when was the last time we closed ugly on a Friday?