March S&P E-mini Futures: The
failure of the ES to recover its last high at 4808 is bearish behavior. A drop
to 4500 is likely. Anything worse than that would mean that a drop to 4000 or
so is in progress.
QQQ: Support at 393 failed. Downside target 350.
TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00%.
Euro-US Dollar: Downside target at 112.50 has been reached and is now support. Resistance is 115.00.
Bitcoin: Support at 41,000 has been reached. Next upside target is 76,000.
West Texas Crude Oil: Crude is headed for 90.
Gold: The rally back above 1800 is likely to carry to 1960.
Silver: Apparently 23.00 support has failed once more. No idea where silver is headed next.
Apple: Upside target is 200. Support is 125.
Alibaba: Next downside was 110 and the low so far has been 108. This low is likely to hold and the next upside target is 200.
Amazon: Upside target at 3700 was reached. Support now is 3000.
Facebook: FB is holding support at 325. If this continues then a swing up to 400 or so will follow.
Google: Next upside target is 3300. Support is now 2400.
Netflix: Support at 560 failed but support at 505 is likely to hold.
Tesla: Support is 900-950. Next upside target is 1460.
Twitter: Dropped below 40 so downside target is 25.
Visa: Downside target at 195 has been reached. Upside target is 250. Support still 195.