When We Talks
Business

Guesstimates on November 7, 2022


December S&P E-mini Futures:  Sentiment is still bearish and a rally of 500-700 points from 3502 level is underway. 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: Downside target is 95.00 is near. Resistance still at 108.00.

Bitcoin: Downside target at 19,000 was reached. Resistance is at 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 68.

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 is 200. TSLA is headed up to 405.

Visa: Support is 163. Upside target is 250.

 



Source link

Related posts

Guesstimates on November 29, 2022

Effie Weber

Guesstimates on May 20, 2022

Effie Weber

Guesstimates on September 13, 2022

Effie Weber