Guesstimates on December 31, 2013

March S&P E-mini Futures: Today’s range estimate is again 1836-1842. A reaction of 12-25 points is imminent. The ES is headed for 1900 over the next several weeks.

QQQ:  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 1150 and support beneath the market stands at 1030.

Apple:  AAPL is now probably headed for 600-610.