December S&P E-mini Futures: Today's range estimate is 1400-1416. The 1420-25 support zone has failed. This means that the market is probably headed for 1300 or so.
QQQ: Downside target is 61.
TNX (ten year note yield): Bond yields are going much higher as the market begins to anticipate stronger economic growth. The first upside yield target for the 10 year is 2.50%.
Euro-US Dollar: The ECB and the Fed are following polices which will move the Euro to 1.40 or higher. Next resistance is 1.3350. Support is at 1.2750.
Dollar-Yen: This market is headed for 75 and lower. At some point the JCB will have to support the yen but this probably won't happen until the 75 level is reached.
December Crude: New York closed below 86 yesterday. I think this means that the market is headed for 70 and lower.
GLD – December Gold: I think gold is headed for 2300.
SLV - December Silver: I think silver is headed above 50.00.
Google: There are several old tops in the 640-670 range which should be strong support for the next move up to 800 and higher.
Apple: Given the bearish trend in the general market it seems likely that support at 610 will be broken. If so the downside target will be 560.