June S&P E-mini futures: The drop from the February top has reached 6360 so far but market sentiment is very bearish. An important low is imminent and the upside target for the subsequent up swing will be 7500.
QQQ: The drop from 638 has reached 560 and now will probably continue to 550.
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 at 120 has been reached.
Bitcoin: Next support is 55,000. Resistance is 75,000.
West Texas Crude Oil: Resistance is 102 and support is 80. A long decline to 60 and maybe to 50 is underway.
Gold: The 3750 level is the next support while 4750 is resistance. A bear market in gold is probably underway and the January top is not likely to be exceeded for quite some time.
Apple: Upside target now 300 with support 200.
Amazon: Upside target is 250 with support 200.
Google: Next upside target 350. Support is 250.
Microsoft: Next upside target is 750.Support now is 375.
Meta: Next upside target is 950. Support is now 550.
Netflix: Upside target is 150. Support is now 72-80.
Nvidia: Next upside target is 250. Support is 125.
Tesla: Support is 300. Upside target at 500 has been reached.
Visa: Upside target is now 395. Support is 305.
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