December S&P E-mini Futures: Today's day session range estimate is 1416-1430. A move to 1468 and higher is underway.
QQQ: Upside target is 70 then 74.
TNX (ten year note yield): Bond yields are going much higher as the market begins to anticipate stronger economic growth. The first upside yield target for the 10 year is 2.50%.
Euro-US Dollar: The ECB and the Fed are following polices which will move the Euro to 1.40 or higher. Next upside target is 1.35. Support is at 1.2670.
Dollar-Yen: The move in the dollar-yen above 81.00 is an upside breakout from a trading range which has developed during the past three months. I think it means that the yen is now headed for 85-86.
January Crude: I think this market is headed for 70 and lower.
GLD – February Gold: The market is headed for 2000 and higher.
SLV - March Silver: I think silver is headed for $40.
Google: There are several old tops in the 640-670 range which should be strong support for the next move up to 800 and higher.
Apple: I expected this break to end above the 505 low, probably near 525. The fast rally from yesterday's 519 low makes it likely that the break is over and that AAPL is now headed above 600.