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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 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.

cnbctv18-forexlive

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