Spread betting provider Delta Index say that with charts turning bullish once more Rio Tinto Plc and Anglo American Plc are both worth looking into.

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Delta Index, the spread betting provider, have made a number of Buy calls this morning. We take a look at the two miners Rio Tinto Plc (LON:RIO) and Anglo American Plc (LON:AAL).

A spread betting technique Delta are particularly fond of is noting MACD crossovers - where MACD stands for Moving Average Convergence / Divergence, a technical analysis indicator used to spot changes in the strength, direction, momentum, and duration of a trend in a stock's price.

The Rio Tinto charts have turned bullish and Delta have suggested a Buy at 3118 with the spread betting participant placing a stop at 2919 with an initial profit target set at 3510.

Rio Tinto shares are higher by 1.05% at 3,168.00.

Anglo American has also turned bullish from the MACD crossover perspective and as a result Delta say take a long spread bet at 2398, place a stop at 2292 and set an initial target 2605.

Importantly for Anglo American, one of its core base commodities has also given a Buy signal.

Platinum prices have indicated a MACD Crossover, and Delta advise a Buy at 1528, stop at 1510 with an initial target set at 1559.

The FTSE 100 (INDEXFTSE:.FTSE) is higher by 0.08% at 5,275.16 this morning.

"Cautious trading among FTSE 100 components this morning kept the index below 5300.  Many investors are waiting for the index to reach this ‘green-light to buy’ level, and we are hoping a good unemployment report can provide the fuel to break through this barrier," reports Chris Purdy at spread betting providers SpreadEx.

"We saw some decent, if not solid, reports at the open from Rio Tinto, JD Wetherspoon and LSE, but investors still seem hesitant, even on the good sentiment from Asia after Intel’s report.

"US retail sales expectations are not a source of optimism, so corporate earnings will again be the crutch for afternoon trading."