A.M. Look 4/18/18

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.

This entry was posted in Archive and tagged , , , , , , . Bookmark the permalink.