September S&P E-mini Futures: Today’s range estimate is 1944-56. The
market is approaching the 1963 target. I expect to see several reactions of
10-20 points or so as it attempts to climb past it.
QQQ: Upside target is
95.00.
TNX (ten year note yield): I think the market will move to 3.50%
over the next few months.
Euro-US Dollar: The euro has definitely broken 1.3670
support and the downside target is 1.3450.
Dollar-Yen: The dollar-yen is headed for 107.00.
August Crude: My
upside target is 112.
August Gold: Resistance
above the market is at 1320.Downside target is 1210.
July Silver: Resistance above the market is at 20.25. Silver
is headed for 13.00.
Google: Googl has moved
above the two important resistance levels I have been watching at 538 and 555
so I conclude that it is now headed for 620 and higher.
Apple: Apple’s
stock split makes its historical high 100.70. AAPL had moved past all
resistance which I can calculate below that top. It is well above rising 50 and
200 day moving averages. I now think AAPL is headed above 100, probably to 103
or so.
2 comments:
Its over Carl......the largest most exaggerated move in the past 100 years is over. I suspect and anticipate this top to be a generational top, the bubbles across a wide base/variety of assets is simply startling, notwithstanding the looting of and destruction of the middle class society.
New upside target on silver ?
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