Market Update

The averages are mixed and very little changed, except Small Caps, up +0.7%. However, Small Caps have the most bearish price consolidation since the December FOMC market decline. SPX 0%, DJIA +0.05% (Transports +0.3%), Nasdaq-100 -0.05%, Small Caps +0.7% However, while the SPX/NDX do not have bearish consolidations, they are still testing trend support as…