S&P: headed for 1224. Support at 1197.
Bonds: market is now headed back to 119-00.
10 Year Notes: 112-20 is support and market should now rally back to 114-00.
Eurocurrency: 120.85 is support. I expect a rally of at least 500 points to start here or at worst from 119.90.
Crude: 54.40 is resistance and next step down should reach 51.00
Gold: now headed for 436.
Google: 277 is support and market should next rally into the 308-312 range
4 comments:
I actually think Crude Oil has good upside potential. Perhaps by early July, I think we will see a new major high above $58.
Sorry... forgot to mention I agree with your view on Gold.
Generally agree regarding your view on currencies. I watch with interest from afar.
Crude at $58+ once again.
Looks like that major new high is here. :)
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