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 up to 5400 over the next 6 months.
QQQ: Upside target at 430 was reached yesterday. Support now is 415.
TNX (ten year note yield): Long standing upside target at 4.95% was reached. The 3.75% level is support.
Euro-US Dollar: The Euro is likely to drop to support at 100. Meantime resistance is 112.
Bitcoin: Upside target at 50,000 was nearly reached. Support now is at 41,000 then 36,000. The bitcoin bull market is not over.
West Texas Crude Oil: The downside target is 62.
Gold: Support is 1980-2000. Resistance is 2075. I believe 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: Upside target at 375 has been reached. Support now is 325.
Netflix: Next upside target is 550. Support now is 400.
Nvidia: Upside target is now 630. Support now is 500.
Tesla: TSLA has upside target at 350. Support now is 180.
Visa: Next upside target is 285. Support is 215.
No comments:
Post a Comment