June S&P E-mini Futures: I estimate today's day session range will be 1156-1175. I think a swing to 1270 will begin soon.
QQQ: A move up to 54.00 is underway.
TYX (thirty year bond yield): I think this market is headed for 5.40%.
TNX (ten year note yield): I think that the market has begun a swing up to 4.50%.
Euro-US Dollar: Support near 131.00 has been broken. Next downside target is 124-125.
Dollar-Yen: A rally to 100.00 is underway. Support is at 90.00.
June Crude: I still think the next big move will take crude oil to 50.00.
GLD – June Gold: The longer term trend has turned downward. Resistance is at 1187. I expect gold to drop to 875 over the next few months.
SLV - July Silver: I think silver has started a down move that will carry it to 10.00 over the next few months. Resistance is now 19.00.
Google: The 495-505 zone is support. A move that should take GOOG above 700 is underway.
Apple: Should reach 350 (at least) before the bull market ends. Support is at 240.