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The NASDAQ index is now negative on this day. S&P below swing zone after upside failure.
![The NASDAQ index is now negative on this day. S&P below swing zone after upside failure. The NASDAQ index is now negative on this day. S&P below swing zone after upside failure.](https://i1.wp.com/images.forexlive.com/images/S%26P_id_c4513983-4cad-4f63-a61b-c47508ad1b04_size975.jpg?w=975&resize=975,619&ssl=1)
The NASDAQ index is now negative for the day. All major indexes are now in the red with the Dow Industrial Average down -1.0%
A market overview currently shows:
- The Dow is down -386 points or -1.0% at 38,301
- S&P is down -30.14 points or -0.57% at 5247.19
- NASDAQ Index -32.74 points or -0.19% to 16703
Looking at the S&P Index, it appears as an oscillating zone between 5,254.34 and 5,260.45 on its hourly chart (see the yellow zone and read the numbered circles on the chart below) .
This article was written by Greg Michalowski at www.forexlive.com.
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