March S&P Futures: The S&P futures should hold support around 1255 and then begin a move to 1320. The market should reach the 1350 level in a couple of months.
March Bonds: Resistance is still at 113-18 and the next downside target is at 111-16. I think the market is on its way into the 107-108 zone.
March 10 Year Notes: Resistance is still at 108-18 while the next support level beneath the market is at 107-10. I think notes will reach 104 or so in a few months.
Cash Eurocurrency: The market has been stalling at 119.50 support but the most I see on the upside is 100-150 points. The next downside target is117.60. A drop to 113 and below is underway.
March Crude: support today is at 62.40 but the market will rally at most a dollar or two from there. Next downside target is at 59.70. Crude is headed for 55.00.
April Gold: I think a drop of $100 has begun. First minor support on the way down is at 526.
March Silver: I think a drop of $2.00 has started. Next short term support is at 905.
Google: I don’t think the bull market is over and I expect GOOG to hold support near 365 and then head higher. Once GOOG leaps over resistance at 405 it will be headed for the next upside target at 495.
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