December S&P E-mini Futures: Today’s range estimate is 2066-86. The move
up from the August low will eventually reach new bull market highs. If the ES
drops visibly below yesterday’s low it will probably continue downward to 2035
before the up move resumes.
QQQ: Upside target is 120.
TNX (ten year note yield): I think that the market yield is headed
up to 3.00%.
Euro-US Dollar: The
market is 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.
December Crude: Support
is 35. Resistance above the market is at 50.
December Gold: The
odds now favor continuation down to 1030.
December Silver: I think the bear market in silver may be
over. If so support is at 13.50.
Google: The 760 level is the next upside target. Support remains
620.
Apple: Temporary
resistance at 118-120 has been broken. APPL is headed for 134.
Facebook: Resistance is at 110-12. Support is 95.
Twitter: I think the August low in TWTR at 21 will hold. Twitter is
headed for 43.
Alibaba: Upside target is 100.
Visa: I think Visa is headed for 82 and eventually higher than that.
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