Early Indications

Other than the sector rotation I think we'll see today from Tech toward Financials, there are some other very early, but encouraging signs.

All of the leading indicators right now are in positive divergences including Yields, FCT, High Yield Corp. Credit, Junk Credit, High Yield Credit, the $AUD, Commodities and probably 1 or 2 more I forgot. The only thing out of line is not really a leading indicator, but a confirmation indication, the Euro is a bit weaker and probably causing some of the recent downdraft this morning.

As far as 3C, it's too early to read too far out, but we have intraday positive divergences in all the averages as well as ES (SPX futures) as well.

This is more or less what that would look like this early.

DIA 1 min with yesterday's intraday negative divergence/s in red and this morning's positive in white; again this is in all of the averages so far this morning.