December S&P E-mini Futures: The e-minis dropped below Friday's low this morning and this means that the market is now headed for the 1030-40 zone. Today's day session range estimate is 1085-1099.
QQQ: Support is at 42.50.
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 the market is headed for 160. Meantime support is at 147.50.
Dollar-Yen: I think the dollar-yen is headed down to 80.
January Crude: I think that crude is headed down to 50.00. Resistance is still at 81.00.
GLD – February Gold: I still think gold has more to go on the upside. Meantime support is at 1130.
SLV - March Silver: The 1900 target has been reached. Still no sign of a top so continuation upward to 2100 is likely.
Google: Support is now at 535. This step upward will carry to 610.