Market Update – Stocks Sharply Lower, But Supportive Factors in Place

2:23 p.m. ET The averages are a bit lower since the last update. SP-500 -3.5%, Dow -2.5% (Transports -3.55%), NASDAQ-100 -4.35%, Small Caps -4.75% The Dow is having trouble near the $30k level mentioned in the Early Update. Dow (2m) with $30k highlighted in green. The Dow has about a -4.5% downside target from the…