June S&P E-mini Futures: So far the ES has dropped as low as 3962, a new low for the drop from the January top. Sentiment is very bearish. The worst likely to develop on the downside is 3925. Once a low is established the subsequent up swing will carry the ES to new historical highs.
QQQ: Support is 292.
TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. Support is at 2.00%. Odds favor a swing up to at least 3.75% during the next few months.
Euro-US Dollar: Downside target is 103.75
Bitcoin: Support is 3600. Upside target 69,000.
West Texas Crude Oil: Support is 93. Resistance is 108.
Gold: Support at 1900 has failed after another failed attempt to push past 2100. The picture is looking increasingly bearish longer term. Support now is 1790.
Apple: Upside target is still 200. Support is 125.
Alibaba: BABA reached 75 support. Resistance is 125.
Amazon: Support is now 2350.
Facebook: Support is 180. Resistance is 235.
Google: Support at 2400 failed. Next support is 2100.
Netflix: Downside target is now 160 and 275 is resistance.
Tesla: Support at 900 failed but support at 815 has held so far. A big upswing to and above 1260 is underway.
Twitter: Resistance is in the 55-60 range. Support is 42.
Visa: Upside target is 250. Support still 195.
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