Intraday Update

12:26 p.m. ET The averages traded to session highs on a report of “careful optimism” with regard to Ukraine ceasefire talks.   SP-500 +0.85%, Dow +0.6%, NASDAQ-100 +1.25%, Small Caps+0.45% SP-500 (2m) rallied right into the Wall of Calls at $4500 and backed of, indicating his is indeed an important area of loca resistance. A…