Pre-Market Brief

Good morning. Futures are a touch higher, sp +1pt, we're set to open at 2115. With the USD +0.2% @ DXY 95.60s, metals are still managing to bounce, Gold +$2. Oil is +1.8%, having broken above the key $60 threshold.


sp60min

WTIC, weekly2

Summary

*next target for Oil is $67. Most bullish target by late summer is $75. I do not see Oil managing to sustain the 70s for long.
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Market looks set to battle higher, again, we're now setting up for 'will good news be good news' this Friday.  Weekly cycles are offering the sp'2140s in the near term.

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notable early gains, DIS +2% in the $113s (intra high so far 114.77). Earnings beat on just about every metric.... outlook is hyper bullish.

DISCA, +4.6% on earnings.... but now approaching key resistance.
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Update from a typically loud Oscar


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Have a good Tuesday.