Early Update

12:20 p.m. ET Today feels like a typical options expiration price pin. There are a few items of interest including 3C chart below. SP-500 -0.3%, Dow -0.1% (Transports -3.1%), Nasdaq-100 -0.4%, Small Caps -0.65% The S&P’s near-term price trend is bullish. It’s finding support at the FOMC knee-jerk high area. SPX (5m) – It’s hard…