Friday, July 22, 2011

Guesstimates on July 22, 2011

September S&P E-mini Futures: Today's day session range estimate is 1336-1350. A move to 1400 is underway.

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: I think this market is now headed for 1.5300.

Dollar-Yen: The market is headed down to 70.00. Resistance above the market is at 82.45.

August Crude: A rally to 103-104 likely.

GLD – August Gold: Upside target is 1630. Support is at 1485.

SLV - September Silver: This market is headed for resistance at 41.00. Any strength above 43.00 would mean that the move will continue above 50.00.

Google: I think a move to 700 and above is underway.

Apple: Upside target is now 415.

1 comment:

Carl Fredrik said...

This is a chart over OMXS30 (corresponding to swedish S&P500). OMXS30 topped about three months earlier than S&P500 in 2007, and well from what it sounds on Carl this will happen ones again in 2011. The chart speaks for it self: