March S&P E-mini Futures: Today's range estimate is 1325-1340. I now expect a close above 1322.25 today. The recent 1292-1343 trading range should be resolved by an upside breakout. QQQ: I expect to see new bull market highs soon.
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: 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: Next upside target is 375. Support is at 310.