September S&P E-mini Futures: I again estimate today's day session range as 960-975. I think the rally will carry the e-minis well over the 1000 level over the next few months.
QQQ: The next upside target is 39.90.
TYX (thirty year bond yield): Support is at 4.20%. I think a swing to above the 5.00% level is underway.
TNX (ten year note yield): Support is at 3.25%. I think a swing up to 4.30% is underway.
Euro-US Dollar: There is no sign of a top. Support is at 137.50 and I think the market will continue upward to 146.00.
Dollar-Yen: The yen has reached the 92.50 downside target and soon will begin a move up to 105.00.
September Crude: The market moved visibly above 67.50 resistance so I think it is headed to 76. Meantime support is at 65.00.
GLD – August Gold: Still expecting a move to 1070. Support is at 900.
SLV - September Silver: Silver is headed to 1700. Support is at 1250.
Google: Support is at 395. Next upside target is 500.
2 comments:
Hmmmm............maybe a Triangle moving higher??
Shouldn't we raise the range btm to 965 now?
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