Still traveling today, but should be back in the office tomorrow morning.  The big news over the weekend, of course, is Macron’s victory in the French election.  While the EU might not be saved, at least its demise has been postponed a bit.

Here are the charts I’d keep an eye on today.

continued for members…Futures are currently off 2 points, and have yet to break out again.

But, SPX is comfortably back above the yellow channel top and is a few points away from all-time highs.  It should have no difficulty topping 2400. It would be very easy for USDJPY to break out at this point if necessary.But, VIX can probably manage the new highs all by itself.CL could go a little further, but would obviously wait until the new highs are secured.  This is an old chart I came across that has some interesting implications.  I’ll study it more later today. I’ll try to post more from the airport later this evening.

GLTA.