December S&P E-mini Futures: Higher prices are still likely over the coming weeks and months. 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: Upside target at 395 has been reached and exceeded. Support is at 380. Next upside target is 415.
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 upside target at 1250 has been reached. Support is still 900-950. Next upside target is 1460.
Twitter: Support at 62 has failed. Downside target is 45.
Visa: The 216 low has been broken. Downside target is 195.
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