Measured Move Targets Hit

10:56 AM ET The S&P’s measured move for the second leg down was the $4900-$4925 area. It has tagged the level today. SPX (2H) The Nasdaq-100’s second leg down measured move was $16,500, and it too was hit this morning, or at least “close enough”, falling just 0.2% shy of the level. NDX (30m) Areas…