June S&P E-mini Futures: Today’s range estimate is 1925-1938. I still
think a drop of 30-40 points is imminent but only in the context of a move up
to 1963 over the coming weeks
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.
July Crude: A
close above the 104.48 high would mean the market is headed for 111. In the
meantime I am sticking with my bearish stance.
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: Resistance
is at 635 and support now is 575.
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