Guesstimates on June 5, 2019

June S&P E-mini Futures: So far the ES has dropped 233 points from its top at 2961. This puts the market well into the target zone of a 200-300 point drop from the 2961 top. Resistance is at 2825. If it fails then the ES will be headed above 2961. However I think resistance will hold. In this case a drop to 2630-40 will be likely. Looking further ahead the Lindsay basic advance which started from the December low is likely to last two years and carry the ES to 3500 or so.
QQQ:  Support is at 175 and then 167. The market is headed for 230-240 during the next 18 months.
TNX (ten year note yield): A drop to 1.85% is probably in the cards.
Euro-US Dollar: Resistance above the market is 115.50. The longer term picture is bearish.
Dollar-Yen: Upside target is 112.50. The Dollar-yen is headed above 115.
West Texas Crude Oil: It looks like 53-54 support is failing. The next downside target will be 49.
Gold: Gold has moved above 1315 resistance. It now is headed up to 1380.
Silver: Silver resistance is at 16.50.
Google: 1120 support has failed. A drop back to 980 is now likely.
Apple:  Support at 180 has failed and is now resistance. Continuation downward to 140 is likely.
Facebook:  Support is at 165. If it fails FB will be headed back down to 120.
Twitter: Support is 31. TWTR is on its way to its all time high at 74.
Alibaba: BABA is probably headed back to 130 and below.
Visa: V has reached the 160-65 target zone. Support is now at 150.