Futures are flat this OPEX morning as algos weigh the impact of higher than expected inflation, driven largely by rising oil and gas prices.continued for members…

Ordinarily, we’d have had a significant pullback by now. It’s very overdue. But, there’s still the potential for the end of Q1 to bolster prices just a little bit longer.

VIX continues to be the bulls’ best friend, with a breakdown below the red TL a potential stock levitating tool. EURUSD is giving up a little of its meltup, but it would need to drop through the SMA200 for any significant drop in stocks. CL and RB are becoming quite problematic with respect to rate cut expectations. TNX has pushed above its SMA200 and has little resistance at this point. The chart suggests 4.37 or higher.GLTA