Early Update – Improving Tone, But Important Tests.

10:49 a.m. ET Tone this morning is much better and much more interesting with key levels that could shift price tone, now in play. NASDAQ-100 leads. SP-500 +0.85%, Dow +0.5% (Transports +0.45%), NASDAQ-100 +1.05%, Small Caps +0.5% VIX is down -3.25%. The Absolute Breadth Index is up at 27. All 11 S&P sectors are up…