Thursday, April 21, 2011

Guesstimates on April 21, 2011

June S&P E-mini Futures: Today's range estimate is 1329-1337. The ES is headed for 1400 and above.

QQQ: Upside target is 63.00.

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: Support is now at 142.50. Next upside target is 149.00.

Dollar-Yen: I think the rally in the dollar-yen is over. The market is now headed down to 70.00.

June Crude: Next step up will carry crude to 118. Support is at 106.

GLD – June Gold: Support is at 1435 and the next upside target is1560.

SLV - May Silver: Next resistance is at 49.50.

Google: GOOG is headed for support at 495 from which point the move to 700 and above will resume.

Apple: Next upside target is 410. Support is at 310.

3 comments:

LMNOP said...

Thanks Carl for all of your terrific work and all that you share.

I posted this message because I had not seen any recent comments and feel that some positive feedback would do you some good.

I'm sure there are many others like myself who rareley comment but continue to read and benefit from the great research and work that you do.

Thanks,
Dan

Nav said...

“You have to learn the rules of the game. And then you have to play better than anyone else.”

Albert Einstein quotes

But I didn't say anything about Carl:)

Win said...

Dollar dead story - front page of Friday's WP:
http://www.washingtonpost.com/business/economy/the-dollar-less-almighty-big-investors-see-possible-long-term-currency-weakness/2011/04/19/AFxVaKLE_story.html