Early Market Update

So far at least for the market's sake and for fairness' sake, I'm glad to see this.... And if this keeps up, this will give us a crucial piece of information, the answer to what pros do with such a garbage ramp, right now it seems they're selling it although I acknowledge it's early in the day and not usually the time I'd be looking at these indications because of the opening games that go on, but so far...

 SPY 1 min with the positive divegrence at yesterday's intraday lows, distribution at the intraday highs and this morning no confirmation of the ramp job, this 1 min chart has had enough time to confirm the SPY, it hasn't

The Q's with yesterday's positive 1 min divergence at intraday lows, a negative in to afternoon highs and ZERO confirmation this morning

The same is true for the IWM.

And to give some Breadth proof of the signals above...

 The TICK opened at an extreme of nearly +1500 and quickly dropped to ZERO.

Even the HYG ramp being put together which is not very big compared to the distribution at the top of the preceding cycle....

Is seemingly taking this opportunity to lighten the HYG load in to higher prices early on.