QUICK MARKET UPDATE

For those who thought the USD/JPY correlation was dead, think again, at least not when they need it...

 When one lever like HYG isn't getting the job done, apparently they've turned to the back up, this is the USD/JPY ramping right around the open and ES (S&P Index futures) in purple following along.

I'm not sure how long the USD/JPY has, my gut feeling says not long as it keeps breaking support level after support level, but for now it's getting the a.m. madness underway.

And possibly some early weakness developing in the carry pair.

I'll be checking the Yen and $USDX more thoroughly.