June S&P E-mini Futures: The ES is likely to drop to 4000 before beginning a rally to new highs.
QQQ: The Q’s are up against 334 resistance. Support is near 305.
TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. First stop is 2.00% which has now been reached.
Euro-US Dollar: Support at 109.50 has failed. Next support is 107.80. Resistance is 111.75.
Bitcoin: Resistance above the market is 44,000. Support now is 31,000.
West Texas Crude Oil: Support at 111 failed but crude stayed above support at 103. The 147 upside target is still my best guess.
Gold: Next upside target is 2150. Support is 1960.
Silver: No idea where silver is headed next.
Apple: Upside target is 200. Support is 125.
Alibaba: The 108 low has been broken and BABA is headed for 88.
Amazon: Support is 2500. Upside target is 3800.
Facebook: Support at 200 has been recovered but there is probably another down leg ahead. Meantime resistance is at 225.
Google: Next upside target is 3300. Support is now 2400.
Netflix: Support now is 350.
Tesla: Downside target at 700 was reached. A big upswing above 1000 has begun.
Twitter: Downside target is 25.
Visa: Upside target is 250. Support still 195.
No comments:
Post a Comment