Intraday Update – Still Looking Good, Still At VERY Important Resistance
1:56 p.m. ET The stock market is trading with a positive bias following a few sessions of dull, consolidative price action. SP-500 +1%, Dow +0.6% (Transports +0.6%), NASDAQ-100 +1.35%, Small Caps +0.6% As suspected in the early Update, the S&P pulled back toward $4,000, but was able to hold the level. SP-500 (1m) ***Since capturing…