September S&P Futures: I think that the correction which began from the 1297.75 level on August 4 ended at 1262.50. The market is now headed for 1309. Support is at 1286
September Bonds: I think the bonds are on the way to 110.
September 10 Year Notes: A rally to 107-16 is underway.
Euro-US Dollar: The market has started a drop that will take it below 123.00 over the next few weeks. Resistance is now at 128.20.
Dollar-Yen: Support today is at 115.30. The yen is on the way to 119.50. The yen should reach 130 over the next year.
September Crude: Downside target is 68.00 and resistance above the market is at 76.60.
December Gold: I now think that gold has begun an extended drop that will carry it below the 500 level.
September Silver: I think silver has begun an extended drop that will carry it below 900.
Google: Support is at 364 and I think GOOG will soon move above its all time high of 475.
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