Intraday Bounce?

I'll post 3C next...

 Commodities are slightly outperforming, this is largely due to a stronger Euro recently and weaker dollar, but may pull the S&P up.

 Here is the Euro bouncing late this morning, the fact stocks have not followed is interesting, but I would expect some movement toward the Euro.

 Here is that bounce in the EUR/USD on an FX chart.

 Financials drug the S&P lower earlier, now they are outperforming a bit and may drag it higher in an intraday bounce.

 Here High Yield Credit drug the market lower in the white box, , but the market is moving a little higher then HYC, suggesting any bounce we may get, may offer an opportunity to sell it short or add to shorts.

Yields also drug the S&P lower in red this a.m., but are slightly higher now, suggesting the S&P/Market has some upside room which may offer us a tactical entry on the short side.