Quick Market Update

HYG was used intraday early on for support until they could get a short squeeze going, you can clearly see it and I'll try to get my Most Shorted Index up, it takes a while to load.

HYG was used for early support as show earlier today, but going negative again as well in Leading Indicator format.

TF  and especially NQ and ES are going very negative on the day, not surprising though for a short squeeze move.

Watch TICK, it just broke the channel as well

 ES

NQ

TF

NYSE TICK

 SPY

XLf-Financials

QQQ

IWM