S&P: The market should hold support at the bottom of its current box at 1224 and then rally to the 1/2 point of the box at 1246.
Bonds: The downside target of 115-04 is nearby and once the market turns I think it will head up above 120.
10 Year Notes: The notes are drawing closer to the downside target at 111-00 and will soon start a move to 116.
Eurocurrency: I think the market will hold suport at 119.90 and then rally ro at least 125.
September Crude: resistance is the 1/2 point of the current box at 59.50 and the next downside target is the 1/2 point of the next box at 54.70.
Gold: I now think the market will drop to the bottom of its boxe at 416 and then start a big rally.
Google: headed up to 327.
No comments:
Post a Comment