December S&P Futures: Next short term target is 1290. Weakness today below 1262 would mean that a second leg of the reaction from 1273 is underway and will carry the market to 1250 before we see 1285.
March Bonds: The 111-08 level is strong support and I think the bonds are about to rally 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 hold 107-30 and then rally to 109-28. I expect this market to move into the 111-112 zone before the bear market resumes.
December Eurocurrency: Resistance is 118.20 and I think the market is headed for 115.50 before it can rally substantially.
January Crude: Resistance today is 60.50 and from there the market should drop to 54.50. I expect crude to trade in a range of $54 to $64 for several months before going much lower.
February Gold: The 510-513 zone is strong resistance and I expect a break from that level down to 480-85.
Google: I expect support near 400 to hold and the next swing up should carry to 442.
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