Wednesday, August 06, 2025

Guesstimates on August 6, 2025

September S&P E-mini futures: The ES is headed much higher over the coming months. Support is 6000.

QQQ: Next upside target at 575 was reached. Support is 540 then 505.

TNX (ten year note yield): The 3.75% level is support. A swing up to 5.50% is underway.

Euro-US Dollar: The 112 level is support. Upside target is 120.

Bitcoin: Upside target is 125,000. Support is 95,000.

West Texas Crude Oil: Resistance is at 82 and support is 60.

Gold: Upside target at 3550 was nearly reached on the rally to 3509. Support is 3050.

Apple: Upside target at 250 was reached. Support is 170.

Amazon: Upside target is now 250 with support 150. 

Google: Upside target at 200 was reached. Next target is 250. Support is 135.

Microsoft: Next upside target is 750.Support now is 450.

Meta: Next upside target is 950. Support is 630.

Netflix: Next upside target at 1250 was reached and exceeded. Next upside target is 1500. Support is 1050.

Nvidia: Upside target at 175 has been reached. Support is 125.  

Tesla: Support is 250. Upside target is 400.

Visa: Upside target is now 395. Support is 305.

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