Early Update

11:45 a.m. ET After yesterday’s 1-day overbought internals, the market is acting as expected, it has paused. SP-500 +0.05%, Dow +0.2% (Transports -0.25%), NASDAQ-100 +0.1%, Small Caps +0.15% My Most Shorted Index is little changed, but retracing most of yesterday’s modest new higher high for the rally. SPX (1m) and MSI VIX (-3.7%) and VVIX…