Market Update – Lots of Consolidations

  Averages SP-500 -0.15%, Dow -0.75% (Transports -0.3%), NASDAQ-100 -0.3%, Small Caps -0.3% The averages continue the price consolidations noted yesterday. I’d call most of them early stage bull flag type consolidations. The Dow is a little bit sketchier on that call, but recall we did see some sharp 3C move two days ago. Still,…