Spiders - December S&P E-mini Futures: The S&P’s are headed into the 1050-1100 range. Support today is at 910.
QQQ: The Q’s are headed for 36.00.
TLT - December Bonds: I think a big drop is underway in the bonds. It should carry the market back to 111 or lower.
December 10 Year Notes: The notes are now headed for the 110-111 zone.
Euro-US Dollar: The euro should reach 121.50 before the next rally sets in.
Dollar-Yen: The yen has reached its 93 target but will probably continue down to the 89 level before a substantial rally can start. Meantime resistance above the market is 99.00
XLE - OIH - USO – December Crude: Crude has reached the 60.00 – 62.00 target zone. A rally of 10-15 dollars should be the next development.
GLD - December Gold: I think gold will drop to 600. Resistance is at 810.
SLV - December Silver: The market has reached the 900 downside target but will probably continue lower to 810 or so before a big rally begins.
Google: Google should rally to 425. Support remains in the 310-30 range.
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