There is trouble in cloud computing. Today, SAP AG (SAP) reported earnings. The stock crashed by 24% after they talked about a major slowdown in cloud services. Salesforce.com (CRM) is taking a hit and even after today is extremely overbought. There is an unwind in the cloud sector that needs to take place. Salesforce.com stock chart signals further downside to $216.00. This means there is another 10% downside on Salesforce.com until it hits major support for a significant bounce.

Salesforce.com stock chart…