Looking Good

So far everything is looking good for today and yesterday's new positions.

Leading Indicators are looking good...

 HYG is leading the SPX lower just as suspected from the negative divergences in HYG yesterday...HYG Support Giving Out

 Professional sentiment is also leading lower for the first day of 4.

Yields are also leading lower

As are commodities

You already saw the divergences in the averages and ETFs.

As well as the Index futures. We are looking good in this trade.