Spiders - September S&P E-mini Futures: I think this market will take another trip up near or a bit past the 1282 level before dropping decisively below 1200. Support today is at 1210 while resistance above the market is at 1242.
QQQ: Support is at 41.50 and resistance above the market is at 45.00.
TLT - December Bonds: I think the market will reach 123 before it heads lower.
December 10 Year Notes: I think the market will reach 120 before it heads lower.
Euro-US Dollar: The trend in the euro is downward and I think the market is headed for 135. Resistance above the market is at 146.00.
Dollar-Yen: The market should reach the 112.00 target soon. Support is now at 106.00.
XLE - OIH - USO – October Crude: I think that the market is headed for 98. The 112 level is resistance.
GLD - December Gold: Gold is headed for 700. Resistance above the market is at 840.
SLV - December Silver: Silver has reached its downside target at 1100. Resistance is at 1390 and I think we shall see a drop below 1000 before silver can start a big rally.
Google: Google is probably now headed for 375.
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