Intraday Update – Waiting Game

2:45 p.m. ET Virtually nothing has changed since the early update. SP-500 +1%, Dow +0.9% (Transports  +2%), NASDAQ-100 +1.2%, Small Caps +1.55% It does seem the market is “waiting” as the sloppy consolidation phase continues. SP-500 (15m) waiting at the consolidation’s resistance zone around $4385. The consolidation zone has no true identity, that’s why I’ve…