March S&P E-mini Futures: The market's short term trend direction is very uncertain. I really have no idea which end of the current 1292-1343 trading range will be broken first. Today's range estimate is 1298-1315. I still think we shall see much higher prices within the next couple of months.
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: Crude has hit 104 so I think it will continue upward to 112.
GLD – April Gold: A move to new highs is underway. 1495 is the next upside target.
SLV - March 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.