Intraday Update – A Couple 3C Divergences Forming

1:51 p.m. ET The S&P traded to new session highs in the last 60 minutes, but it has been a volatile and dynamic session, evidenced right from the open. SP-500 +1.25%, Dow +1.15% (Transports +1.25%), NASDAQ-100 +1.1% Small Caps +0.45% SP-500 (5m) the S&P is holding above $4200, but the short term trend doesn’t improve…