December S&P E-mini Futures: Today’s range estimate is 2034-54. I think
support at 2035 will hold and that the ES will rally to 2055-60. This is likely
to be only the first stage of a bigger advance to new bull market highs.
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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