December S&P E-mini Futures: Today's day session range estimate is 1249-1275. I think the next big move from here will be downward and will take the market below its October 4 low.
QQQ: Next big move from here will be downward.
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 at its historical low but will soon start a move to 4.50%.
Euro-US Dollar: Resistance above the market is now at 1.4175. The euro is likely to drop to 1.20 over the coming months.
Dollar-Yen: The market is headed down to 70.00. Resistance above the market is at 80.00.
December Crude: The market is now headed for 55-60. Resistance above the market is at 94.
GLD – December Gold: Gold bounced off of support at 1550 but should hold resistance which I now think stands at 1710. Next downside target is 1400.
SLV - December Silver: Silver is now headed for 25.00. Resistance above the market is at 33.75
Google: Downside target is 375.
Apple: Upside target is 435 was nearly reached. An extensive downtrend is about to start. Support is at 345.
No comments:
Post a Comment