March S&P E-mini Futures: Today’s range estimate is 1802-1812. Next
upside target is 1825. A drop below 1780 would mean that the market is headed
below 1754 and that would be very bearish.
QQQ: Support is at 80. Upside
target is 88.
TNX (ten year note yield): I think the market will move to 3.50%
over the next few months.
Euro-US Dollar: As long as the Euro holds support at
1.3400 I will stick with my view that it is headed for 1.40-1.42.
Dollar-Yen: The dollar-yen is headed for 107.00.
February Crude: I
think crude is headed back to 86 and possibly lower than that.
February Gold: The
market is headed to 1030.
March Silver: The market is headed for 13.00.
Google: Upside target is
now 1150 and support beneath the market stands at 970.
Apple: AAPL
has been stalling at the 565 resistance level. Should it be breached the next
upside target will be 600.
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