Afternoon Update

The averages are mixed. SP-500 -0.1%, Dow +0.7% (Transports +0.85%), NASDAQ-100 -0.6%, Small Caps -0.2% SPX makes a deeper lower low, but isn’t far off the $5830 area – or what I described as potential support on a closing basis for a tradeable bounce (likely to a lower high at this point with available information)….