June S&P E-mini Futures: I estimate today's day session range will be 1108-1138. It will probably take a couple of days to restore stability, but I believe that the next big move will be upward to new bull market highs.
QQQ: A move up to 54.00 will be the next big swing.
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: The market is approaching the 124-25 target zone and should soon start to stabilize.
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 market moved well above 1187 resistance on yesterday's panic be I still think the longer term trend has turned downward. 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.