 This is TFNN, The Tiger, Financial News Network. News Update. Good morning, folks. This is Steve Rhodes coming to you live from the shores of very sunny Delray Beach, Florida. This is your 9 a.m. update. Currently we have U.S. Equity Futures trading higher. The U.S. mini is up 27 points at 7 tenths per cent, 6 tenths for the Dow, which is 192 points, 8 tenths for the Nasdaq 100, 91 points, and the Russell's up 7 tenths, which is up 11 points out there. Over in Asia last night, all markets closing higher. When I say all markets, the Nikkei, the Hang Seng, and the Shanghai, the Australian 200 index, a closed higher by 7 tenths per cent, 2 percent for the Hang Seng. Over in Europe, you've got the DAX up about 8 tenths, and the FTSE is up 1 in 7 tenths, 118. She's trading out at 71, 39 out there. Gold is off 7 bucks right now. Silver down 29 cents. Lights we crude trading out at 106.49, that's up about 2 percent, or $2 and 21 cents. And a 30-year treasury is off 16, takes down about a half a point, trading out at 136.19. So what are we looking at out here? Well, we've got bullish conditions. We have all confirmed by the D point patterns, with the exception of the Russell 2000. We're looking at the Equity Future contract, which has a confirmed rogement to indicator bottom. What does that say? That says, price should go target the first level of resistance. In the case of the ES mini, that level of resistance is the top of its daily profile. That's at 38.41. If we take a look at the Dow, she's going to go target 31.360, and the Russell 2000 should go target 17.72. It's not just the Equity Future contracts that have the buy the D point pattern. It is the U.S. cash indices as well. So each of them have completed patterns, and each of those suggests a further move higher. As we switch screens here, we'll go take a look at the cash indices. The cash indices that we take a look at will show you these red lines out there, that red squiggly line. That's referred to as the oscillator and change line. If price is able to close above that, which the Dow Jones did yesterday, the S&P did yesterday, the NASDAQ for its third consecutive session, the Russell stopped right at it, the semis are approaching it, the transports are approaching it, the NASDAQ composite closed above it, and the New York Stock Exchange is approaching it. Closes above a red oscillator and change line, tell us that conditions are likely for a further move higher. And a further move higher would target the most recent swing point. In the case of the Dow, well, that's really going to be the June 15th high. If price is able to close above 31011, that suggests that it wants to make a run for the 333 level out there. So folks, conditions are bullish. Expect them to stay this way for the next two to three weeks. Stay tuned. Tommy O'Brien with the Morning Market kickoff is up next. Thanks so much for joining us here at TFNN. I'll see you next Monday at one o'clock during the Normal Traders Ed Show. Have a