Early Update – Measured Moves Hit, Extreme Oversold

11:41 a.m. ET All of the downside measured moves/target levels posted Friday morning, like SPX $5150, have either been met, or exceeded. The only exception is the Dow, which is 100 points from its target, or 0.3%. For a brief moment, the 2s-10s yield curve de-inverted (the sharp steepening after inversion that signals recession is…