Early Update – Trading near the “W” base upper trend line, meeting resistance

11:10 a.m. ET Yields are trading around that big up trend line –  a break of which is exactly what mega-caps/large-cap Tech and NASDAQ-100 need and you can see the outperformance of NASDAQ-100 this morning. Still, until that happens, the averages are sitting near last week’s highs where they’re finding some near term resistance, which…