Afternoon Update
The averages have traded largely sideways since the last update, although presently their making a run for new intraday highs. A Close at sesion highs on a breakout day would go a long way in solidifying the breakout. NASDAQ-100’s breakout is what I’d consider, definitive. SP-500 +1.75%, Dow +1.45% (Transports +1.%, NASDAQ-100 +2.85%, Small Caps +1.6%…