Intraday market notes & observations – May 11

12:52pm ET: Note to subscribers: I’m taking my dad out to lunch today so the *Blue Plate Specials* are out earlier than usual.

12:50pm ET: Intraday support/resistance:
SPX 1338/1355
DTX 545/553
DJIA 12600/12750
Nasdaq 2835.5/2875.5
OEX 595/602
VIX 16/17.3
Trin range: 0.6 – 1.3
Average VWAPs: +18/-135 (bearish)

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