June S&P E-mini Futures: I am estimating a range of 885-905 for today. I think the market will drop from there to support near 870 before it resumes its move to 940.
QQQ: The 32.40 level is support and I think the Q’s are headed for 35.00.
June Bonds: I don’t think the longer term bearish picture has changed. Next downside target is 115.
June 10 Year Notes: I think a bear market in the notes is underway. RNext downside target is 118.
Euro-US Dollar: The euro moved above 133.35 resistance and this means that it is headed up to 140.00.
Dollar-Yen: Then yen is headed for the 104.00 level. Support stands at 95.55.
June Crude: I think crude is on its way to the 58.00 level. Support is at 46.00.
GLD – June Gold: I think the market is headed below 700. Resistance above the market is at 915.
SLV - July Silver: Silver is headed for 750. Resistance is at 1350.
Google: Support is at 360. Next upside target is 450.
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