December S&P E-mini Futures: The day session range estimate is 1106- 1116. I think the 1126 level will be reached within a few days.
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 have been leaning on resistance near 150. A New York close above 151.00 will mean that this resistance has failed and that the market is headed for 160.
Dollar-Yen: I am still betting that the 87.13 low will hold, but a close below 86.50 will mean that the market is headed down to 80.
January Crude: I think that crude is headed down to 50.00. Resistance is now at 81.00.
GLD – December Gold: Sentiment is very bullish. But there is still no convincing evidence for an imminent top. I think that continuation upward to 1230 is likely.
SLV - December Silver: The 1900 target has nearly been reached. Still no sign of a top so continuation upward to 2100 is likely.
Google: Support is now at 525. This step upward will carry to 610.