Intraday Market Update

1:59 p.m. ET The S&P is increasingly range bound between $4200 and $4300. Dow is best, while the mega-caps of NASDAQ-100 continue weighing on the index for a second day (MGK -0.85%). SP-500 -0.35%, Dow +0.1%, NASDAQ-100 -1%, Small Caps -1% SP-500 (5m) increasingly range bound Other averages are displaying similar range-bound activity such as…