March S&P E-mini Futures: Today’s range estimate is 1856-96. I think yesterday’s low will hold for at least a couple of weeks. Resistance above the market is in the 1907-18 zone. Ultimately the ES is likely to drop into the 1700-50 zone.
QQQ: A rally to 103-04 is likely.
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.
March Crude: Crude has spent several days below 30 so a drop to 24 or so is likely.
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 680.
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.