December S&P E-mini Futures: Today’s range estimate is 1994-2008. I think
this market is headed for 2080.
QQQ: Upside target is 103.00.
TNX (ten year note yield): It looks like an extended up trend in
yields has begun. The initial target is 3.00% but I think the 10 year yield
will go significantly higher than that over the coming months.
Euro-US Dollar: The ECB quantitative easing program
coupled with the Fed’s termination of its own program is likely to drop to Euro
to 120.
Dollar-Yen: The dollar-yen has reached my 107.00
target and has started to trade above what I thought would be a 107-108
resistance zone. Next stop is 112.
November Crude: Crude
nearly reached my 90 target. Resistance above the market is at 95. I expect the
market to move below 90.
December Gold: Gold
is headed below 1100.
December Silver: My bear market target remains 13.00.
Google: GOOGL is headed for
620 and higher.
Apple: I
think AAPL is headed for 108.
1 comment:
What is the significance of 2080? How about 2029 value? That would correlate to a 200% from the Mar 2009 daily close low.
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