When We Talks
Business

Guesstimates on November 22, 2022


December S&P E-mini Futures:  So far the ES has rallied 500 points from its October low. This will probably be only the first leg of a swing up to new highs.

QQQ:  Support is 252. The first upside target is 290.

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: Support at 18,000 failed. Down to 12,000. Resistance still 26,000.

West Texas Crude Oil: Support is at 81. Next upside target is 104.

Gold: Downside target at 1625 has been reached. Resistance is 1705 then 1780.

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 at 300 has been reached. Support now is 250.

Tesla: Support at 200 failed. A drop to 150 is likely.

Visa: Support is 163. Upside target is 250.



Source link

Related posts

Guesstimates on May 27, 2022

Effie Weber

Guesstimates on November 7, 2022

Effie Weber

Guesstimates on October 28, 2022

Effie Weber