June S&P E-mini Futures: Today's range estimate is 1320-33. The market is headed for 1400 and above.
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: The 83.50 target for the yen has been reached. So far the high today is 84.38. This is a strong resistance zone in the yen. I think the drop to 70.00 will soon resume.
May Crude: Crude will continue upward to 112. Support is at 97.
GLD – June 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.