March S&P E-mini Futures: Today's range estimate is 1315-1331. I think the market is about to drop into the 1225-50 zone over the next few weeks. But once this reaction is complete I expect to see new highs for the bull market.
QQQ: A drop to 53.00 or so has begun, but once it is complete I expect to see new bull market highs.
TYX (thirty year bond yield): The 30 year bond yield is on its way to 5.40%.
TNX (ten year note yield): The 10 year yield is headed for 4.50%.
Euro-US Dollar: I think the euro will move up to 145.00.
Dollar-Yen: A drop into the 78.00 - 79.00 range is underway and I think an important low will form in that zone.
April Crude: The 102 price target was hit last week. The market is still resilient. A move as high as 104 would mean that continuation up to 112 is likely.
GLD – April Gold: A move to new highs is underway. 1495 is the next upside target. Support is at 1315.
SLV - March Silver: The upside target at 31.00 has been reached but there is still no sign of a top. Next upside target is 36.00. Support is at 25.50.
Google: The 540 level is support. A move that should take GOOG above 700 is underway.
Apple: Has reached the 350 target. Next upside target is 375. Support is at 310.