Intraday Update – S&P On the Way to 200-Day

12:51 p.m. ET Well, here we go. S&P futures have broken out of the overnight bull flag to trade higher, currently about 0.5% from the 200-day sma just above. SP-500 +0.25%, Dow +0.7% (Transports +0.75%), NASDAQ-100 -0.35%, Small Caps -0.1%. There has been no significant change in sector standing as Consumer Discretionary (+1.3%) and Consumer…