September S&P E-mini Futures: Today’s range estimate is 1900-1960, again pretty much of a wild guess. Target for this decline is the October 2104 low at 1813 but I think there is at least an even chance that yesterday’s 1831 low is all we will see on the downside.
QQQ: Downside target at 94 was exceeded by 10 points early yesterday. I think there is good chance that the drop from 114 ended there.
TNX (ten year note yield): I think that the market yield is headed up to 3.00%.
Euro-US Dollar: The market hit 1.17 yesterday and is now probably headed lower. Downside target is 0.96 over the coming months.
Dollar-Yen: Support is at 116. The bull market has much further to go over the coming months. 140-45 is my longer term target zone while 127-28 is near term resistance.
October Crude: Support is now 35.
December Gold: Resistance above the market is 1170.
September Silver: I think the bear market in silver may be over. If so support is at 13.50.
Google: GOOG will probably drop to 540 before its bull market resumes.
Apple: AAPL reached its 95 target early yesterday and is now headed higher.
Facebook: Support is at 80.
Twitter: TWTR is headed for 18.
Alibaba: The 55-60 target zone was reached yesterday and a rally to 75 or so now would be normal.
Visa: Support at 63 held yesterday and I think Visa is headed higher.