March S&P Futures: The market is now headed for 1298 with support at 1272.
March Bonds: I think the bonds are on the way to 113-28. I expect the bonds to rally into the 115-116 zone before the bear market resumes.
March 10 Year Notes: The notes should rally to 109-28. I expect this market to move into the 111-112 zone before the bear market resumes.
March Eurocurrency: Short term support is at the 120.00 level and the next upside target is 122.30. The market is headed for 123.50.
January Crude: Should bounce off the 62.20 level and then drop to 57.50. I expect crude to trade in a range of $54 to $64 for several months before going much lower.
February Gold: Short term support is 498-502 and a bounce upward into the 525-530 range from here would be normal. I think that the 544.90 high will hold for at least several weeks.
March Silver: The market has nearly reached 830 support and a rally to 885 will be the next development. The high at 934.5 (electronic) will hold for at least several weeks.
Google: I think GOOG is now headed for 440.
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