June S&P Futures: The market is headed up to 1328. Support today is at 1309.
June Bonds: The market should soon break below 108-00. Meantime resistance today is at 109-18.
June 10 Year Notes: Next downside target is 105-16. Resistance is at 106-15.
US Dollar -Euro: The market is trading near its January 23 high at 123.25 and has broken above 122.35 resistance decisively. This means that it is headed for 125.00 and any break from here should be hold the 121.50 level.
May Crude: 66.95 is still resistance and the next significant move will be downward to 56.80-57.20. I think that over the next few months the market will drop to 52.00 or lower.
June Gold: I think gold has a good shot at 605. Meantime 584 is support.
May Silver: Support at 1140. Upside target is 1205 after which I anticipate a big drop.
Google: I am convinced that GOOG is on its way to 410 and then to 440 although a move to 495 no longer seems likely. Support is at 383.
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