June S&P E-mini Futures: The rally from the 3855 low is the first sign that a bigger swing up is underway. Sentiment is very bearish. This is good reason for thinking the drop from 4800 ended at 3855. In any case, once a low is established the subsequent up swing will carry the ES to new historical highs.
QQQ: Support is 284.
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 at 103.75 has been reached. Resistance is near 108.00.
Bitcoin: Support at 36,000 failed. Downside target is 19,000.
West Texas Crude Oil: Support is 93. Resistance at 108 has failed. Next upside target is 118.
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 2150.
Facebook: Support is 180. Resistance is 235.
Google: Support is 2100.
Netflix: Downside target is now 160 and 275 is resistance.
Tesla: The 680-720 zone is now support. If it fails then down to 550.
Twitter: Resistance is in the 55-60 range. Support is 36.
Visa: Upside target is 250. Support still 195.
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