Intraday Update – Testing Technical Support Again

1:13 p.m. ET In the Early Update the S&P and NASDAQ-100 were just starting to test their 200-day moving averages. Since then, they have found support there and moved modestly higher. SP-500 -1.55%, Dow -1.4% (Dow Transports -1.3%), NASDAQ-100 -2.2%, Small Caps -1.5% SP-500 (daily) testing and holding its 200-day. NASDAQ-100 (daily) testing and thus…