Here is your morning look;
Morgan Stanley earnings was positive.
FCX,BHP,VALE & RIO are trading well with a risk on board. They are set up for higher prices.
VXX…39.53 is today’s 200 DMA
VIX…13.24 is today’s 200 DMA
Oil…inventories today @ 9:30 CDT.
66.80 is the weekly oscillator, above it remains firm.
Spu’s…looking for a test of the March gap @ 2745-52 over the next few sessions.