March S&P E-mini Futures: Today’s range estimate is 1853-65. I still think the ES is headed for 1900 and
higher. But if the market starts spending time below 1853 the rhythm of the up
move from the February 5 low of 1732 will be broken and a much bigger drop will
be underway.
QQQ: Upside target is 96.
TNX (ten year note yield): I think the market will move to 3.50%
over the next few months.
Euro-US Dollar: The Euro is headed up to 1.43.
Dollar-Yen: The dollar-yen is headed for 107.00.
April Crude: Crude
took a peek above 102-03 resistance but then moved sharply lower. Support is at
100 and if the market starts spending time below there I will conclude that the
spurt above 103 was the last gasp of the rally from 91.
April Gold: The
market has breached 1290 resistance decisively and is now headed above 1400.
March Silver: Silver has moved above its 21.30
resistance level and a move as high as 26.00 is underway.
Google: Next upside target
is 1250.
Apple: The
uptrend in AAPL from its 385 low last April is still intact. My best guess is
that AAPL is headed for 600 and higher.
3 comments:
>>>But if the market starts spending time below 1553<<<
You mean 1853?
Thanks.
Question about oil, " if the market starts spending time below there "
Does this mean one daily close? More than that?
Also, silver traded back under 21.30, does this disqualify the break out?
Does gold need to trade below 1290 for you to flip the position?
just curious about how you move around your levels/forecasts.
Thanks.
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