Intraday Update

12:53 a.m. ET SP-500 +1.4%, Dow +1.5% (Transports +1.45%), NASDAQ-100 +1.5%, Small Caps +1.85% Less favorable conditions than this morning is starting to slow the markets roll to the upside, but not before at least Small Caps overtook the first key level of resistance in the two scenarios put forth last night – one of…