Tuesday, July 26, 2005

Guesstimates on July 26, 8:45 am ET

S&P: The market will hold above 1227 and then move up to 1257 this week.

Bonds: The market will hold the low of its current box at 115-04 and then begin a move 116-18.

10 Year Notes: Will hold 110-30 and then rally to 111-26.

Eurocurrency: Will hold support is at 119.90 and then rally into the 125-126 range.

September Crude: Will hit resistance around 59.70 and then move to the next downside target, the 1/2 point of the next box at 54.70.

Gold: Support is at 420 and the market has now started a move to 450.

Google: 280 is support and the next move up should reach 327.

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