Market Update – Consolidations are So Far, So Good.

1:40 p.m. ET The averages are mixed and little changed – typical consolidative activity. SP-500 -0.05%, Dow +0.2% (Dow Transports -0.4%), NASDAQ-100 -0.1%, Small Caps +0.15% While the consolidation forms and sizes are shifting modestly, they do remain bullishly biased consolidations – mostly bull flags at this point. SP-500 (5m) And… NASDAQ-100 (5m) with a…