June S&P Futures: Support today is again at 1312 and I think that the market will soon be trading above 1330.
June Bonds: The bonds are headed down to 107-00 in the second phase of a three phase rally which will soon carry the market up to 108-12.
June 10 Year Notes: The notes are headed back to support at 105-16 and from there will rally to 106-12.
US Dollar -Euro: The market is on the way to the next upside target at 125.20.
June Crude: The upside target at the 74.30 level, the 7 5/8 multiple of the all time low at 9.75, has been reached and I think the market is about to drop substantially along with gold and silver.
June Gold: I looks like gold made its high at 649 and now is in the early stage of a drop to the 2 1/8 multiple of the 252 low which stands at 535.
May Silver: Silver dropped to 1169 shortly after yesterday’s pit close but is now in the third phase of a rally that will carry to 1350. After that I expect to see the market to drop to around 920 in a few weeks.
Google: Support is at 420 and I expect continuation up to 495 over the next few weeks.