Guesstimates on August 6, 2019

September S&P E-mini Futures: The ES blew past 2880 early yesterday and by early evening had reached 2776. Continuation downward to 2670-2730 is likely. Meantime resistance above the market is in the 2880-2902 zone. The Lindsay basic advance which started from the December low remains intact and is likely to last two years and carry the ES to 3500 or so.
QQQ:  The market is headed for 230-240 during the next 18 months. Support is 178-80 then 170.
TNX (ten year note yield): The market has dropped below the 1.85% target and 1.60% is now support.
Euro-US Dollar: Resistance above the market is 115.50. The longer term picture is bearish.
Dollar-Yen: The Dollar-Yen support at 108.00 has apparently failed. This means that a drop to 100 is underway.
West Texas Crude Oil: 56 is support has failed but 53 is backup support and I expect it to hold. Continuation upward to the 68 level remains likely.
Gold: the 1475 target was reached yesterday. Support is near 1420. Next upside target is 1525.
Silver: Silver resistance is at 16.50.
Google: The 1250 target has been reached. Support now is 1120. Next upside target is 1350.
Apple: I think that a swing to new bull market highs is underway.
Facebook:  It looks like FB is headed for new bull market highs.
Twitter: TWTR is on its way to its all time high at 74.
Alibaba: BABA is probably headed back to 130 and below.
Visa: Upside target at 183 has been reached. Support is at 170. Next upside target is 200.