Early Update – SPX $4500

10:47 a.m. ET The open hasn’t added much to the upside, except Dow futures added a little, while Small Cap Russell 2000 futures flopped at the open. The S&P is sitting right on $4500. SP-500 +0.6%, Dow +0.9% (Transports +0.45%), NASDAQ-100 +0.35%, Small Caps -0.1% SP-500’s (10m) bear flag is still valid, this is a…