September S&P E-mini Futures: Today’s range estimate is 1680-1692. Next upside target is 1720. The ES is headed
to my long standing target of 1775 and possibly higher over the coming months.
QQQ: Upside target is 79.
TNX (ten year note yield): The upside yield target for the 10 year
is 2.85 % but I think the market will move past this level to 3.50% over the
next few months.
Euro-US Dollar: It looks like a move up to 1.400 is
underway.
Dollar-Yen: The dollar-yen is headed for 107.00.
September Crude: Crude
is stalling at 108 resistance.
December Gold: I
think a rally of $200-300 is underway.
September Silver: The 18.00 level is support and a rally to
24.00 or so is underway.
Google: Support is at 800 and I think the next step up will carry
GOOG to 975.
Apple: Next
downside target is 350. Resistance at 460 has been broken but I think AAPL will
have a hard time moving above the 475-80 range before the next leg in its bear
market starts.
No comments:
Post a Comment