June S&P E-mini Futures: Today's range estimate is 1255-85. I think this correction is pretty much over although a lower low near 1225 is probably in the cards after a rally of a couple of days. Once this correction is complete the bull market will resume.
QQQ: I expect to see new bull market highs after the current break ends.
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: The 78.00 - 79.00 range was reached and exceeded yesterday. I think the Fed will remain ahead of the Bank of Japan in terms of quantitative easing. I conclude that continuation downward to 70.00 is likely over the next few months.
April Crude: Crude will continue upward to 112. Support is at 97.
GLD – April Gold: A move to new highs is underway. 1495 is the next upside target.
SLV - May Silver: Silver has reached the 36.00 upside target but there is still no sign of a top. Next stop is 39.50.
Google: The 540 level is support. A move that should take GOOG above 700 is underway.
Apple: Next upside target is 375. Support is at 310.