Swing Trading Strategies & Stock Picks Since 2003

Spiders - September S&P  E-mini Futures:  The e-minis will probably drop into the 930-40 range before a rally of 200 points or so begins. For the moment the market is stuck in a 963-1045 trading range. 

QQQ: The Q’s should find support at 31. 

TLT - December Bonds: I think a big drop is underway in the bonds. It should carry the market back to 111 or lower.

December 10 Year Notes: The notes are now headed for the 110-111 zone. 

Euro-US Dollar: The trend has reached the 135 target level. A rally to 139 is the next likely development. 

Dollar-Yen: My revised 99.00 target has been reached. I think this market will stabilize and the yen will soon begin a big rally. 

XLE - OIH - USO – November Crude: Next downside target is 75. Resistance above the market is at 97.00.    

GLD - December Gold: Gold still has resistance at 935.  I think gold will soon drop to 600. 

SLV - December Silver: Resistance is at 1390. Next downside target is 900.   

Google: Google should find support  near 315 after which a big rally can start.