Wednesday, March 12, 2025

Guesstimates on March 12, 2025

March S&P E-mini futures: Support at 5700 failed but bearish sentiment is starting to dominate. A big rally of 200-300 points is imminent. Meantime 5500 is support.

QQQ: Support is 465. Resistance is 495.

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 at 88,000 has failed. Next support is 76,000.

West Texas Crude Oil: Support is 62-63. Upside target is 82.

Gold: Next upside target is 3050. Support is 2700.

Apple: Next upside target at 250 has been reached. Support is 200.

Amazon: Upside target is now 250 with support 200. 

Google: Upside target at 200 was reached. Next target is 250. Support is 160.

Microsoft: Support is 400 and the next upside target is 500.

Meta: Upside target is now 725. Support is 450.

Netflix: Upside target at 995 was reached. Next upside target is 1075. Support is 900.

Nvidia: Upside target 175. Support is 100.  

Tesla: Support is 220.

Visa: Upside target at 355 has been reached. Support is 305.

 

 

 

No comments: