Intraday Update
12:55 p.m. ET Price action is looking pretty constructive intraday. S&P has overtaken $4400 and its 50-day, the Dow is above its 50-day, Transports continue to outperform but are still trading in a bear flag, and several averages, including the NASDAQ-100, aren’t far off or are currently posting bullish engulfing candles on their daily charts….
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