Intraday Update – Consolidation on Deck?

2:15 p.m. ET The S&P bumped into its 50-day, as mentioned yesterday, and found some resistance there. SP-500 (daily) and 50-day in yellow. As for the two influential drivers of stocks at present, Yields and the Dollar…They are both supportive. S&P futures (5m) and 2-year Treasury futures trading in tandem. We’ll take a closer look…