Futures are up moderately after breaking out of a falling white channel that originally suggeted more downside.
continued for members…
There are plenty of upside targets to consider.
But, reaching them will depend on VX breaking down below TL support. Note
that each bounce off this TL has correlated with at least a minor pullback in stocks.
Note that VX has pushed above its SMA200. 
The bulls should also be concerned with the EURUSD, which has stalled at its SMA50 in recognition of the likelihood of higher for longer interest rates which should support the DXY. 
CL still looks likely to bounce, which should make additional drops in the 10Y harder to come by.
Though the 2s10s is back in the saf(er) zone, at 30 bps versus a week ago at 40 bps.
GLTA