Early Update – Mega-Caps Still Leading The Week’s Rally, H&S Still Intact

10:45 a.m. ET Since the cash open the Chicago PMI came out at 48.7, beating consensus expectations of 44.2 and the prior of 42.8. Readings below 50 still denote contraction. SP-500 +0.3%, Dow +0.3% (Transports -0.4%), NASDAQ-100 +0.6%, Small Caps +0.45% NASDAQ-100 is just moving to its breakaway gap around $15,560, about 8 points into…