When We Talks

Guesstimates on October 3, 2022


December S&P E-mini Futures:  The Dec futures has dropped as low as 3613, visibly below the June 16 low at 3656. But sentiment is very bearish and a this drop below the June low will probably be followed by a big rally, one likely to carry to new historical highs.

QQQ:  Support is 269-70. A big rally is imminent.

TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. Support is at 2.70%. Odds favor a swing up to 4.35% and later up to 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 72-76 and crude is likely to rally to 95 from there.

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

Apple: Upside target is still 200. Support is 125.

Alibaba: Resistance is 125.

Amazon: Upside target is 175. Support is 125.

Google: Support is 100. Upside target is 150.

Meta:  Support at 150 failed. Next support is 126.

Netflix: Upside target now 300.

Tesla: TSLA is headed up to 405.

Twitter: Next upside target is 54.

Visa: Upside target is 250.


Source link

Related posts

Carl Futia: June 2, 2022

Effie Weber

Guesstimates on September 19, 2022

Effie Weber

Guesstimates on September 7, 2022

Effie Weber