December S&P Futures: The next short term upside target is 1268 and support today is again at 1219.
December Bonds: I think a big move upward into the 121-123 range has begun. Support is at 114-12.
December 10 Year Notes: I think the move up to 116 has started. Support is at the 110-02 level.
December Eurocurrency: The next swing should be upward to 126.50.
November Crude: The market broke past the 66.30 resistance level yesterday but yesterday’s high at 67.40 was at the ½ point of the box so I think prices will move downward from there. The next short term downside target is 60.60. We should see the 55.50 level in a few weeks.
December Gold: It looks like the low for the reaction in gold has occurred and the next step up will carry the market to 488.
Google: 300 is support; upside target is 343.
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