Guesstimates on October 29, 2021

December S&P E-mini Futures:  This swing is likely to reach 4600 and above before a drop of as much as 100 points develops. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target at 67,00 was reached. Support is 52,00.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Silver has regained support at 23.00. Upside target is 36.00.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target at 680 has been reached. Support is 560.

Tesla: The next upside target is 1250 while support is 900-950.

Twitter: Support at 62 has failed. Downside target is 45.

Visa: The 216 low has been broken. Downside target is 195.

Guesstimates on October 28, 2021

 December S&P E-mini Futures:  This swing is likely to reach 4600 and above before a drop of as much as 100 points develops. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target at 67,00 was reached. Support is 52,00.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Silver has regained support at 23.00. Upside target is 36.00.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: The next upside target is 1250 while support is 900-950.

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195.

Guesstimates on October 27, 2021

December S&P E-mini Futures:  This swing is likely to reach 4600 and above before a drop of as much as 100 points develops. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target at 67,00 was reached. Support is 52,00.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Silver has regained support at 2300. Upside target is 36,00.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: The next upside target is 1250 while support is 900-950.

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195.

Guesstimates on October 26, 2021

December S&P E-mini Futures:  This swing is likely to reach 4600 and above before a drop of as much as 100 points develops. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target at 67,00 was reached. Support is 52,00.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Silver has regained support at 2300. Upside target is 36,00.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: The next upside target is 1250 while support is 900-950.

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195.

Guesstimates on October 25, 2021

 

December S&P E-mini Futures:  This swing is likely to reach 4600 and above before a drop of as much as 100 points develops. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target now is 67,00. Support is 40,000.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Silver has regained support at 2300. Upside target is 36,00.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: The upside target at 900 has been passed and Tesla is likely to trade above 1000 before any big break develops. Support is still 800.   

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195.

Guesstimates on October 22, 2021

 December S&P E-mini Futures:  The ES has traded up to 4548 so far, a new all-time high. This swing is likely to reach 4600 and above before a drop of as much as 100 points develops. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target now is 67,00. Support is 40,000.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Silver has regained support at 2300. Upside target is 36,00.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: 900 is the upside target and has nearly been reached. Support is 800.   

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195.

Guesstimates on October 21, 2021

 December S&P E-mini Futures:  The drop I thought would carry down to 4100 instead ended at 4260. New bull market highs lie ahead with a swing above 4600 in progress. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target now is 67,00. Support is 40,000.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Silver has regained support at 2300. Upside target is 36,00.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: 900 is the upside target.   

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195.

Guesstimates on October 20, 2021

 December S&P E-mini Futures:  The drop I thought would carry down to 4100 instead ended at 4260. New bull market highs lie ahead with a swing above 4600 in progress. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target now is 67,00. Support is 40,000.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Silver has regained support at 2300. Upside target is 36,00.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: 900 is the upside target.   

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195.

Guesstimates on October 19, 2021

December S&P E-mini Futures:  It now appears that the drop I thought would carry down to 4100 instead ended at 4260. New bull market highs lie ahead with a swing above 4600 in progress. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has been regained. Upside target now is 395.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 117.50 while downside target is 112.50.

Bitcoin: Upside target now is 67,00. Support is 40,000.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Support at  23.00 has failed. The 12.50 level is the downside target.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 was reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: 900 is now the upside target.   

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195

Guesstimates on October 18, 2021

 

December S&P E-mini Futures:  The ES reached the minimum bull market target of 4500 and is now coming down. My best guess is that the drop will end in the vicinity of 4100. Once this reaction is complete a swing to new bull market highs is likely. The Fed’s QE program is still very bullish long term and the Corona Crisis is over. The 2174 low of March 2020 will hold for several years. 

QQQ:  Support at 360 has failed and is now resistance. Downside target is 325.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.

Euro-US Dollar: Resistance is 119.50 while downside target is 112.50.

Bitcoin: Upside target now is 67,00. Support is 40,000.

West Texas Crude Oil: The 88 level is the upside target.

Gold: Gold has regained support at 1755. Upside target is 1870.  

Silver:  Support at  23.00 has failed. The 12.50 level is the downside target.

Apple: Support is 125.

Alibaba: Resistance is 175 and support at 148 has failed. Next downside target is 110.

Amazon: Upside target at 3700 has been reached. Support now is 3000.

Facebook:  FB has broken below 340 support. Next downside target is 295.

Google: Google has reached the 2900 upside target. Support is now 2400.

Netflix: Upside target is 680. Support is 450.

Tesla: 900 is now the upside target.   

Twitter: Support at 62 has failed. Next downside target is 45.

Visa: Support at 230 failed. If the 216 low is broken then down to 195.