March S&P E-mini Futures: I think the e-minis are headed for 900 and above. Support today is at 830.
QQQ: Support is at 29.00 and the next upside target is 32.50.
March Bonds: The bonds have dropped into the 126-27 target zone. The next big move in this market should be upward. Any significant weakness below 125 will mean that a bear market is underway.
March 10 Year Notes: The notes have yet to reach our 120 target. We think a substantial rally is imminent, but weakness below 120 would mean that a bear market is underway.
Euro-US Dollar: The euro has traded sideways after dropping as low as 127.50. I think a rally to 137 or so is underway.
Dollar-Yen: I think the 87.50 level will hold and that a rally to 100.00 is underway.
March Crude: March crude has entered the 30-35 target zone. I think the market will start stabilizing. The next big move should be a rally to 50.
GLD – April Gold: Gold closed over the 935 resistance level again yesterday. I think the market will quickly trade back below it, but if it doesn’t I’ll be looking for new highs in the gold market.
SLV - March Silver: There is resistance at 1380, but if the market closes above there it will be headed for 1750.
Google: Resistance stands at 375. I think that its drop from 747 is over.
months and months and months go by and you still think 900 and above. very good contrarian indicator see you at 750.
ReplyDeleteYes, I am very impressed with your insights. You seem so confident.Why hide your light under a bushel? Tell us your name and direct us to your blog !!
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