March S&P Futures: The S&P’s are headed for 1298. Meantime support is at 1265.
March Bonds: The bonds will probably drop to support at 113-08 before rallying to 115-12. I expect a rally into the 115-116 zone before the bear market resumes.
March 10 Year Notes: The notes will probably drop back to support at 109-04 before rallying to 110-16. The notes will move into the 111-112 zone before the bear market resumes.
March Eurocurrency: I think the market will soon reach 122.30.
February Crude: I still think the market will take a peek above the 64.00 level before it drops 5 or 6 dollars. I expect crude to trade in a range of $54 to $64 for several months before going much lower.
February Gold: The 536 level is strong resistance and I think this market is now headed down to 470 or so. I think that the 544.90 high will hold for at least several months.
March Silver: The 921 level is strong resistance and I think the market will now drop to 760 or so. The high at 934.5 (electronic) will hold for at least several months.
Google: GOOG is now headed for a revised short term upside target of 470.