Intraday Update – Mostly Bullish Intraday Price Action and Why Small Caps Are Weak

12:19 a.m. ET The averages have consolidated since the open and in most cases, it’s a bullish consolidation thus far intraday and right at some key levels before tomorrow’s Payrolls, such as the S&P’s $4,000 level and 50-day, or the NASDAQ-100 consolidating bullishly this morning just under the upper trend line of its bull flag….