March S&P E-mini Futures: Today’s range estimate is 1861-1897. 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: Crude has slipped a bit below the 30 level but I don’t think the market will spend much time below 30 before beginning a rally of $10 or so.
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: Twitter has dropped below 19 and is probably headed for 10.
Alibaba: Support at 75 has been broken so BABA is headed for 65.
Visa: Support is at 70.