Here is your morning look;

 

XI gave a great speech last night that was roundly embraced as he portrayed himself as the adult on the world stage.

 

Oil is trading right at closing resistance.

 

The Longer-term P&F charts in the Spu & Nasd show potential double tops that need to be worked through.

 

The overall patterns are positive.

 

VIX...is sitting on its 50 DMA with all new price action below 19.50 needed to signal more risk on.

 

The Aussie & Canada charts said Risk on yesterday, while my head said wait.

 

I have faith in our President that he will say or Tweet something to present another buying opportunity.

 

Let the day set up.