September S&P Futures: Support is now at 1292. The market is on its way to 1309 and eventually to 1417 by the end of the year.
September Bonds: I think the bonds are on the way to 110.
September 10 Year Notes: A rally to 107-16 is underway.
Euro-US Dollar: I still think that the market will rally to 129.40 before a big drop starts. Support is at 127.70 and weakness below there will mean that the big drop I am expecting has already begun.
Dollar-Yen: Support is at 115.30. The yen is on the way to 119.50. The yen should reach 130 over the next year.
September Crude: Downside target is 68.00 and resistance above the market is at 76.60.
December Gold: I now think that gold has begun an extended drop that will carry it below the 500 level.
September Silver: I think silver has begun an extended drop that will carry it below 900.
Google: Support is now at 376 and I think GOOG will soon move above its all time high of 475.
No comments:
Post a Comment