The NASDAQ index is now negative on the day. All the major indices are now in the red with the Dow Industrial Average average down -1.0%
A snapshot of the market currently shows:
- Dow is down -386 point or -1.0% at 38301
- S&P is down -30.14 point or -0.57% at 5247.19
- NASDAQ index -32.74 points or -0.19% at 16703
Looking at the S&P index, it has the form below a swing area between 5254.34 and 5260.45 on its hourly chart (see yellow area and read numbered circles on the chart below).
This article was written by Greg Michalowski at www.forexlive.com.
