December S&P E-mini Futures: Today's day session range estimate is 1138-1168. Yesterday's late weakness makes it likely that Tuesday's 1190 top will hold. I think the ES is now headed below its August low.
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.