Intraday Update – Small Caps Outperform As The S&P Challenges Its 50-Day From Below

1:46 p.m. ET SP-500 +0.4%, Dow +0.35% (Transports +0.35%), NASDAQ-100 +0.45%, Small Caps +0.95% S&P-500 (daily) and 50-day There’s another local zone of resistance too… S&P-500 (30m) – This minor down trend channel and channel buster from CTA selling. The top of the channel is offering some local resistance. We saw the same thing as…