Intraday Market Update – Powell Pop and Peel Back, and Bounce from $4100 Again

2:29 p.m. ET The market popped to session highs as Powell spoke and neared some breakouts from bull flags in the major averages, but started heading down a bit toward the end of Powell’s engagement, and sunk lower after a dismal 3-year Treasury auction which sent yields higher at 1 p.m. ET. The NASDQ-100’s relative…