10am update - opening gains

Good morning. The main indexes are moderately higher. VIX is noticeably lower, -11% in the 12s. USD is somewhat lower. Oil jumps higher at the open, with the metals still looking a little weak.


sp'60min

vix'60min

Summary

Things are looking on track.

If this mornings opening gains hold..and build across the day, then the bulls should have a fair chance at spiking into the sp'1570s by the close/early Thursday.

At that level, I'll be seeking to take significant index shorts/long VIX.
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*I exited USO (long) at the open.
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Big day ahead...stay tuned !