December S&P E-mini Futures: Today's day session range estimate is 1191-1206. There is strong resistance above the market in the 1208-1218 zone. The weekly bar trend is downward. The minimum downside target is 1130. There is a good chance that the October 4 low will be broken also.
QQQ: Now headed for 50.
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 has started a move to 4.50%.
Euro-US Dollar: 1.3050 is now the downside target. After a rally from that level the Euro will probably continue downward to 1.2200.
Dollar-Yen: The market is headed down to 70.00. Resistance above the market is at 80.00.
January Crude: An extended upswing is underway. It will probably take crude to 114 or so.
GLD – December Gold: I think gold is headed for 2100. Short term support is at 1675.
SLV - December Silver: I think silver is headed for 50.00.
Google: Google is now headed for its 2007 top near 750.
Apple: Upside target is now 475.