December S&P E-mini Futures: The ES is headed for 1252. Today's day session range estimate is 1167-1195. Once the move to 1252 is complete I expect the drop to 950 to resume.
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 at its historical low but will soon start a move to 4.50%.
Euro-US Dollar: Resistance above the market stands at 1.3700. The euro 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 bounced off of support at 1550 but should hold resistance at 1670. Next downside target is 1400.
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.
4 comments:
Now we're going to 1252 just because you've spotted a potential "measured-move"?
What happened to your 1050 target that was repeated on Monday?
do you actually read my posts at all?
Hi Carl we have broken below your lower range, do you still believe we're going to 1250ish?? Just curious cause I'm long..TIA
we broke 1160 with low volume now but volume might increase .. this bear rally action is like buy the rumour and sell the news , with tomorrow news from europe..
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