Constructive Consolidations

2:37 PM ET Price action has slowed down on the upside this afternoon, but don’t mistake that for weakness. All of the major averages are in some form of bullish consolidation. Examples… SPX (2m) NDX (2m) DJIA (2m) And Small Cap IWM (2m) wrestling with $197 resistance. I think iwm is probably the weakest of…