December S&P Futures: The S&P futures are headed for the top of the box near 1265. support is 1238.
December Bonds: The bonds will probably drop to support near 112-04 and then rally to 113-25.
December 10 Year Notes: The notes will probably drop to support near 108-10 and then rally to 109-28.
December Eurocurrency: I think the 117.00 level will hold and that the market will now rally to 118.90 and then to 122.00.
January Crude: The market is headed for 54.20 and meantime 58.90 is resistance.
December Gold: The market hit 495 overnight but there is still a good chance we will see a reaction to 482 or so before a move to 507 develops.
Google: Resistance is at 418 while support is at 379.
2 comments:
Carl:
yesterday, you had an article on BOT with a target of 153..Bank of America changed its target to 92 with a sell ratings..does it change your view?
I still believe we will see 153 before we see 92.
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