Wednesday, September 28, 2005

Guesstimates on September 28, 8:55 am ET

December S&P Futures: The next short term upside target is 1268 and support today is at 1219.

December Bonds: I think a big move upward into the 121-123 range has begun. Support is at 114-12.

December 10 Year Notes: I think the move up to 116 has started. Support is at the 110-02 level.

December Eurocurrency: The next swing should be upward to 126.50.  

November Crude: The 66.30 level is resistance today and the next short term downside target is 60.60. We should see the 55.50 level in a few weeks.

December Gold: It looks like the low for the reaction in gold has occurred and the next step up will carry the market to 488.

Google: 300 is support; upside target is 343.  

No comments: