Good morning!

Rallies are about follow through so lets see where we're going today. No upgrades or downgrades this morning to speak of. The XOI index of big oils now beginning a run to its 52 week high near 1100. Also ten year yield has been falling. So it looks like we finally have the wind at our backs for now.

With just a few exceptions like Energy Transfer Partners and Sunoco Logistics for example...the charts of MLPS look terrible but bottoms have to start somewhere.