March S&P E-mini futures: Inflation is coming down and the Fed is unlikely to tighten any more. I expect to see the ES trade well above 5000 over the next 6 months.
QQQ: Upside target at 405 has been reached. Support is 388. Next upside target is 430.
TNX (ten year note yield): Long standing upside target at 4.95% was reached. Support at 4.20% failed and 3.75% is next support.
Euro-US Dollar: The Euro is likely to drop to support at 100. Meantime resistance is 112.
Bitcoin: The 36,000 target has been left behind and is now support. Next stop 50,000.
West Texas Crude Oil: The downside target is 62.
Gold: Support is 1980-2000. Resistance is 2075 and is starting to look shaky. Even so, I suspect that the long bull market in gold is over.
Apple: Next upside target past 200 is 250. Support is 165.
Amazon: Support is 110. Upside target is 175.
Google: Upside target is 150-55. Support is 90.
Meta: Support is 250 while next upside target is 375.
Netflix: Next upside target is 550. Support now is 400.
Nvidia: Upside target is 550. Support now is 400.
Tesla: TSLA has upside target at 350. Support now is 180.
Visa: Next upside target is 285. Support is 215.
