March S&P E-mini Futures: Today’s range estimate is 1915-1952. I
think the market is headed down to its August low points or below.
QQQ: Downside target is 100.
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.
February Crude: I
think the 30 level will be a floor underneath the market, at least for several
weeks.
February Gold: The
odds favor continuation down to 1030.
March Silver: I think the bear market in silver may be
over. If so support is at 13.50.
Google: Support is 730
Apple: APPL
has dropped below 100 so 90 is the likely next stop.
Facebook: Resistance is at 110-12. Support is 95.
Twitter: The August low in TWTR at 21 has been broken slightly but I
don’t think TWTR will spend much time below 20.
Alibaba: Support at 75 has been broken so BABA is headed for 65.
Visa: I think Visa is headed for 82 and eventually higher than that.
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