Hi my name is XXXXX XXXXX for using justaswer.
This means you have a failure of your ABS system. Your brakes will work normally you just will not have anti lock while the light is on. Have you check your brake fluid level? This is a good place to start.
HOW TO READ SELF-DIAGNOSTIC RESULTS (MALFUNCTION CODES)
let me know if you need more help!!
The question I asked was "what might be happening." you explained how to use the cars diagonstics.
I wanted to know what might be actually happening especially as it only happens at 60 mph and then resets its self by turning off the ignition.