Monday, April 25, 2011

Guesstimates on April 25, 2011

June S&P E-mini Futures: Today's range estimate is 1325-35. 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.

1 comment:

SmallInventor said...

thanks dear Carl for your daily precious analysis, i have a question for you when you mentioned gold Support is at 1435 and the next upside target is1560. do you mean that gold price should hits first the support price level of 1435 then go up to the price target level of 1560 or the price can go directly to the price target level without hitting the support price level.