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.
2 comments:
months and months and months go by and you still think 900 and above. very good contrarian indicator see you at 750.
Yes, 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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