Early Update

11:57 a.m. ET So far everything looks pretty much as I’d expect for the extent of yesterday’s short-term oversold dynamics. SP-500 +0.35%,  Dow 0% (Transports +0.25%), NASDAQ-100 +0.4%, Small Caps +1.4% The S&P (5m) sits below $5,000 with the majority of yesterday’s gap down unfilled. The NASDAQ-100’s (5m) gap remains open. There’s the possibility of…