December S&P Futures: The market’s rally will carry into the 1340-42 zone. From there a break of 10-20 points is likely. Much high prices are likely later this year.
December Bonds: I think the bonds will rally to 111-29 before a move down into the 106-107 range begins.
December 10 Year Notes: The market should rally to 107-24 or so before a move down to 105 begins.
Euro-US Dollar: Resistance is at 127.60. The market is headed down to 122.50.
Dollar-Yen: The yen has broken 116.90 support but I think it will hold the 116.40 level. Next upside target is 120.00. The yen should reach 130 over the next year.
November Crude: The market is headed for 58.80 with resistance above the market at 65.00. Ultimately the current drop will carry the market down into the 50-55 range.
December Gold: I think a move below the 500 level is underway. Today resistance is again at 602.
December Silver: I think the market is on its way below 900. Today resistance is at 1150.
Google: Support is now at 394 and I think GOOG will soon move above its all time high of 475.
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