Guesstimates on February 25, 2014

March S&P E-mini Futures: Today’s range estimate is again 1841-1856.  I think the ES is headed above 1900 over the next couple of months.

QQQ:  Upside target is 91.

TNX (ten year note yield): I think the market will move to 3.50% over the next few months.

Euro-US Dollar: The Euro is headed up to 1.43.

Dollar-Yen: The dollar-yen is headed for 107.00.

April Crude:  I think crude is headed back to 86 and possibly lower than that.

April Gold:  The market has breached 1290 resistance decisively and is now headed above 1400.

March Silver: Silver has moved above its 21.30 resistance level and a move as high as 26.00 is underway.

Google:  Support is at 1060. Next upside target is 1250.

Apple:  The uptrend in AAPL from its 385 low last April is still intact. My best guess is that AAPL is headed for 600 and higher.  

Guesstimates on February 24, 2014

March S&P E-mini Futures: Today’s range estimate is again 1835-1848.  I still think the ES is headed above 1900 over the next couple of months.

QQQ:  Upside target is 91.

TNX (ten year note yield): I think the market will move to 3.50% over the next few months.

Euro-US Dollar: The Euro is headed up to 1.43.

Dollar-Yen: The dollar-yen is headed for 107.00.

April Crude:  I think crude is headed back to 86 and possibly lower than that.

April Gold:  The market has breached 1290 resistance decisively and is now headed above 1400.

March Silver: Silver has moved above its 21.30 resistance level and a move as high as 26.00 is underway.

Google:  Support is at 1060. Next upside target is 1250.

Apple:  The uptrend in AAPL from its 385 low last April is still intact. My best guess is that AAPL is headed for 600 and higher.  

Guesstimates on February 21, 2014

March S&P E-mini Futures: Today’s range estimate is again 1837-1850.  I still think the ES is headed above 1900 over the next couple of months.

QQQ:  Upside target is 91.

TNX (ten year note yield): I think the market will move to 3.50% over the next few months.

Euro-US Dollar: The Euro has closed above 1.37 and also above its last two highs on the daily bar chart. This means that a swing up to 1.43 is underway.

Dollar-Yen: The dollar-yen is headed for 107.00.

April Crude:  I think crude is headed back to 86 and possibly lower than that.

April Gold:  The market has breached 1290 resistance decisively and is now headed above 1400.

March Silver: Silver has moved above its 21.30 resistance level and a move as high as 26.00 is underway.

Google:  Support is at 1060. Next upside target is 1250.

Apple:  The uptrend in AAPL from its 385 low last April is still intact. My best guess is that AAPL is headed for 600 and higher.