Futures are off slightly but still hugging the 50-day moving average as we approach the open.

continued for members…

Still looks like a backtest is coming off this interim high… ViX still has the opportunity to spur stocks higher…

…keeping an eye on its RSI TL. Currencies are still relatively neutral after providing a boost over the past week or two. DXY is easing toward its SMA200… …while CLhas reached its SMA200. It should bounce, but the channel bottom beckons. The financial press is all gaga over the falling 10Y, but current levels are still problematic when you’ve $33 trillion in debt and piling it on faster than ever.