Good morning. Futures are moderately higher, sp +7pts, we're set to open at 2107. Equity bulls have a high probability of breaking above key resistance of 2111, opening the door to new historic highs. Metals are bouncing, Gold +$5. Oil is a touch weak, -0.3%
sp'60min
Summary
It would appear the baby bull flag will be confirmed at the open... and there looks to be a high chance that we'll take out the recent peak of 2111 this morning.
A daily close >2111 would give clarity that the market will likely battle upward into early May... at least to the 2130s.
Despite what many thought, earnings are generally coming in 'reasonable'.
--
Update from Oscar
--
Have a good Tuesday