September S&P E-mini futures: Inflation is coming down and the Fed is unlikely to tighten any more. The 6000 level seems a good bet by the end of the year. Panic conditions now prevail and the drop from 5721 is nearly over. A swing up to 6000 is likely to begin very soon.
QQQ: Support is 395.
TNX (ten year note yield): The 3.75% level is support. A swing up to 5.50% is underway.
Euro-US Dollar: The Euro is likely to drop to support at 100. Meantime resistance is 112.
Bitcoin: Support is at 56,000. Next upside target is 81,000.
West Texas Crude Oil: Upside target is 90. Support is 72.
Gold: Next upside target at 2500 has been reached. Support is 2300.
Apple: Next upside target past 200 is 250. Support is 165.
Amazon: Support now is 145.
Google: Upside target is now 200. Support is 160.
Microsoft: Support is 375 and the next upside target is 500.
Meta: Upside target is now 725. Support is 375.
Netflix: Upside target is 710. Support now is 450.
Nvidia: Upside target 145. Support is 75.
Tesla: Next upside target is 290. Support is 175.
Visa: Upside target at 285 has been reached. Support now is 250.
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