September S&P E-mini Futures: I think the e-minis will soon be trading in the 995-1000 zone. Today's range estimate is 980-995. I think the rally will carry the e-minis well over the 1000 level over the next few months.
QQQ: The next upside target at 39.90 has nearly been reached. I expect to see 40.50 before a modest reaction begins.
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 broke below 65.00 support but I am going to stay bullish for a move to 76 until and unless weakness below the 62.50 level develops.
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.