Intraday Update

3:14 p.m. ET I’m working on the Afternoon Update, but figured I’d check in quickly on intraday trade. The S&P is confronting the next resistance level I’ve had drawn on my chart since May. SP-500 +1.7%, Dow +1.9% (Transports +1.8%), NASDAQ-100 +1.6%, Small Caps +2.1% SP-500 (2m) this trend line is from May. All 11…