December S&P E-mini Futures:
So far the ES has rallied 700 points from its October low. This will
probably be only the first leg of a swing up to new highs.
QQQ: Support is now 275. Next
upside target is 305.
TNX (ten year note yield): Yields are in the early stages of a long
march to higher ground. The 4.35% target has been reached. Support now is at
3.95% and next upside target is 4.95%.
Euro-US Dollar: Support is 95.00. Resistance still at 108.00.
Bitcoin: Now headed down to 12,000. Resistance still 26,000.
West Texas Crude Oil: Support is at 72. Next upside target is 104.
Gold: Resistance at 1780 failed. This makes likely a swing up into
the 1950-2000 range.
Apple: Upside target is still 200. Support is 125.
Alibaba: Resistance is 125. Support is 45.
Amazon: Support at 105 failed. Next support is 87.
Google: Support at 100 failed. Next support is 88.
Meta: Support at 126 failed. Next support is 90.
Netflix: Upside target is now 375.
Tesla: Support at 200 failed. A drop to 150 is likely.
Visa: Support is 163. Upside target is 250.