Intraday Update – Positive Action
3:11 p.m. ET SP-500 +1.4%, Dow +1% (Transports +1.7%), NASDAQ-100 +2.15%, Small Caps +2.4% VIX has seen weakness since the FOMC, dropping to lows of the day… VIX (2m) Looking at the averages, was some clear intraday resistance at the week’s highs, apparent in longer upper wicks on intraday candlesticks, but several of the averages…