Friday, September 23, 2011

Guesstimates on September 23, 2011

December S&P E-mini Futures: Today's day session range estimate is 1087-1122. The ES is headed for 1050 and then for 950.

QQQ: Now headed below 50.00.

TYX (thirty year bond yield): The 30 year bond yield is on its way to 5.40%.

TNX (ten year note yield): The 10 year yield is near its historical low but will soon start a move to 4.50%.

Euro-US Dollar: The market is now headed for its next support level in the 1.30-1.31 range.

Dollar-Yen: The market is headed down to 70.00. Resistance above the market is at 80.00.

November Crude: The market is now headed for 55-60.

GLD – December Gold: Gold broke support yesterday. It is now headed for 1550 and possibly lower.

SLV - December Silver: Silver is now headed for 25.00.

Google: I think much bigger drop than I expected is underway. Downside target is 375.

Apple: Upside target is 435. Support is at 345.


TeslaSignals said...

market is bouncing back as it did last 2 times from this range , don't you think this time will be same ?

Enky Nakamura said...

the euro is not rising, i think it's a bull trap

fiona said...