Market / HYG Update

So if you recall yesterday's post or read the link to it posted shortly ago, you know what we expected to come from HYG and what we are looking for...

It's too early to say, but parabolic moves this early in the day rarely hold and the HYG component has been right on track thus far, here's what we have...

 HYG (red) vs the SPY...this is the move expected and the catalyst that drove it, HYG, the next thing to look for is HYG under EARLY distribution...

I can't say this qualifies for what I'm looking for yet, but it would be way too early to get that kind of confirmation at this time of day, thus far though, it does look about right.