December S&P E-mini Futures: The day session range estimate is 1080- 1095. This morning the market dropped to within a point of its last low at 1082.50. I think that level will be broken briefly but a move up to 1126 should begin soon.
QQQ: Next upside target is 45.60. Support is at 43.25.
TYX (thirty year bond yield): I think this market has begun a move to 5.00%.
TNX (ten year note yield): I think that the market has begun a swing up to 4.30%.
Euro-US Dollar: I think a sustained drop to below 120 is about to start.
Dollar-Yen: I think the 87.13 low will hold and that the yen will soon begin a move to 105.00.
January Crude: I think that crude is headed down to 50.00. Resistance is now at 81.00.
GLD – December Gold: There is still no sign of a top in the making. Next upside target is 1165. Meantime support is at 1075.
SLV - December Silver: Continuation up to 1900 is likely.
Google: Support is now at 525. This step upward will carry to 610.