Intraday Update – Some Improving 3C charts or Buying Conviction
12:45 p.m. ET Since the last update there are numerous 3C charts displaying improvement and some buying conviction as all averages save for Small aps, are trading at session highs. SP-500 +1.8%, Dow +1.3% (Transports +1.9%), NASDAQ-100 +2.5%, Small Caps +1% The S&P, NASDAQ and Dow held important local support (NASDAQ’s neckline of a H&S)…