Afternoon Update – ABI 14.48

The ABI is at 14.48. The S&P and Nasdaq are back below last Friday’s Payroll highs or local resistance… (5m) (5m) The Dow backed off early this morning…(5m) and subsequent consolidative trade has a bearish bias, although not a lare measured move if it breaks to a second leg down (approx. -0.85%). Amazon (AMZN -3.8%),…