September S&P E-mini Futures: Today’s range estimate is 1947-60. I think the drop from 1960 ended at yesterday’s 1937.25 low and that the ES is now headed for 1980.
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: I now think gold is headed for 1395.
July Silver: Resistance above the market at 20.25 has been broken. Silver is headed for 22.25.
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 108 or so.