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 4 months.
QQQ: Support is 415. Next upside target is 450.
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: Support is at 50,000. Upside target at 66,000 has been reached. Next upside target is 81,000.
West Texas Crude Oil: The downside target is 62. Resistance is 81.
Gold: Resistance at 2075 failed. Upside target now 2250. Support is 2000.
Apple: Next upside target past 200 is 250. Support is 165.
Amazon: Upside target at 175 has been reached. Support now is 145 and next upside target is 205.
Google: Upside target at 150-55 has been reached. Support is now 125.
Meta: Upside target is 530. Support is 310.
Netflix: Upside target is 710. Support now is 450.
Nvidia: Resistance in 750-800 zone has failed. Next resistance is 1050. Support remains 660.
Tesla: TSLA upside target is 350. Support at 180 is wobbling and if it fails then down to 144-150.
Visa: Upside target at 285 has been reached. Support now is 250.
No comments:
Post a Comment