3C Intraday Update – Consolidation Still Likely, But Some Averages Stronger Than Expected

3:06 PM ET I still can’t see what the probability of consolidation type is, but the 3C charts, espcially for the Tech-heavy Nasdaq-100 and Small Caps (that are benefitting from short covering) are unusually strong considering. Here’s a current review… SPY’s (1m) 3C chart is a relative negative divgerence, along the lines of what we…