Thursday, May 15, 2025

Guesstimates on May 15, 2025

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

QQQ: Support is 470. Resistance is 515.

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: Resistance is 108,000. Support is 91,000.

West Texas Crude Oil: Support at 62-63 failed and is now resistance. Downside target is 49.

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

Apple: Next upside target at 250 has been 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: Support is 350 and the next upside target is 500.

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

Netflix: Next upside target is 1250. Support is 950.

Nvidia: Upside target 175. Support is 100.  

Tesla: Support is 220.

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

Wednesday, May 14, 2025

Guesstimates on May 14, 2025

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

QQQ: Support is 470. Resistance is 515.

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: Resistance is 108,000. Support is 91,000.

West Texas Crude Oil: Support at 62-63 failed and is now resistance. Downside target is 49.

Gold: Upside target at 3550 was nearly reached on the rally to 3509. Support is 3250.

Apple: Next upside target at 250 has been 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: Support is 350 and the next upside target is 500.

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

Netflix: Next upside target is 1250. Support is 950.

Nvidia: Upside target 175. Support is 100.  

Tesla: Support is 220.

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

Tuesday, May 13, 2025

Guesstimates on May 13, 2025

June S&P E-mini futures: The ES blew past the 5700-50 target zone on encouraging news from the US-China trade talks. Resistance now is 5900 with support 5700-50.

QQQ: Support is 470. Resistance is 515.

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: Resistance is 108,000. Support is 91,000.

West Texas Crude Oil: Support at 62-63 failed and is now resistance. Downside target is 49.

Gold: Upside target at 3550 was nearly reached on the rally to 3509. Support is 3250.

Apple: Next upside target at 250 has been 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: Support is 350 and the next upside target is 500.

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

Netflix: Next upside target is 1250. Support is 950.

Nvidia: Upside target 175. Support is 100.  

Tesla: Support is 220.

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