Swing Trading Strategies & Stock Picks Since 2003

Spiders - September S&P E-mini Futures:  I think yesterday’s 1163 low marked the start of a substantial rally. First upside target is 1250 but I expect higher prices than that in a week or two. Support today is 1186.

QQQ: Support is at 41.50 and resistance above the market is at 44.25. 

TLT - December Bonds: The market has reached and exceeded the 123 target. I think the next big move will be downward. market will reach 123 before it heads lower.     

December 10 Year Notes: The notes stopped just shy of the 120 target. I think the next big move from here will be downward.   

Euro-US Dollar: The trend in the euro is downward and I think the market is headed for 135. Resistance above the market is at 145.00. 

Dollar-Yen: The market is headed for 98.00. 

XLE - OIH - USO – October Crude: Crude has reached the 91 level and a rally of $10-15 is imminent. 

GLD - December Gold: Gold is headed for 700.  Resistance above the market is at 840. 

SLV - December Silver: Resistance is at 1390 and I think we shall see a drop below 1000 before silver can start a big rally. 

Google: Google is probably now headed for 375.