Intraday Update – H&S Bear Flags

2:40 p.m. ET The major averages are mixed and little changed. Conviction remains extremely low, which is typical of a consolidation and specifically the bear flag consolidation expected at the S&P’s H&S top’s measured more at the halfway point, which is around $4200, where its 200-day is also in the area. SP-500 +0.05%, Dow +0.1%…