London/Europe gone. Into the NY afternoon. What do the 60 minute charts over the last 60 trading days look for major asset classes.
The stock market is back down trading near the day’s low levels . Below is the hourly chart. The S&P index is trading below the 200 hour MA now at the 2358.92 level. The next target comes in at the 38.2% of the move up from the year low at 2233.62. That level comes in at 2337.05.