Early Update

10:22 a.m. ET The averages remain in bullish consolidations with Friday’s price action confirming their lower support trend lines. SP-500 +0.6%, Dow +0.6% (Transports +0.1%), NASDAQ-100 +0.85%, Small Caps +0.35% SP-500 (15m) came off Friday’s test of the lower trendline and is sitting just above $4100, showing that the level isn’t some big battle of…