December S&P Futures: We should see a 1330 print today. Support is at 1315. The 1340 level should be reached in a week or two. Much high prices are likely later this year.
December Bonds: I think the bonds are headed downward to 106-24. Resistance is at 110-28. Short term support is at 109-16.
December 10 Year Notes: The market is headed down to 105. Short term downside target is 106-18. Resistance is at 107-10.
Euro-US Dollar: Resistance is now at 127.60. The market is headed down to 122.50.
Dollar-Yen: The yen should hold the 115.30 level. Next upside target is 119.50. The yen should reach 130 over the next year.
October Crude: The market has been weaker than I expected. The 64.00 level is now support. Ultimately the current drop will carry the market down into the 50-55 range.
December Gold: I think a move below the 500 level is underway.
December Silver: I think the market is on its way below 900.
Google: Support is now at 369 and I think GOOG will soon move above its all time high of 475.
new to your blog, but it looks to me that you are a super-bull?? What is your take on the US consumer and the heavy debt-burden it is facing and hence it's repercussions for the US economy.
Post a Comment