June S&P E-mini Futures: Today's range estimate is 1348-61. 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: There is still no sign of a top. Support remains at 146.20. Next upside target will be 153.50.
Dollar-Yen: The market is 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 1510 and the next upside target is 1630.
SLV - July Silver: Next upside target is 56.00. Support at 39.00.
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:
Supply shock? The ISM came in at 52, sounds like the economy is grounding to a halt. Will this mean a bigger correction over the coming days?
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