Guesstimates on November 17, 2023
Normal
0
false
false
false
EN-US
X-NONE
X-NONE
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:8.0pt;
mso-para-margin-left:0in;
line-height:107%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:”Calibri”,sans-serif;
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:”Times New Roman”;
mso-bidi-theme-font:minor-bidi;}
December S&P E-mini futures: Inflation is coming down and the Fed is
unlikely to tighten any more. I expect to see the ES trade well above 5000 over
the next 8 months.
QQQ: Upside target is 395. Support is 338.
TNX (ten year note yield): Long standing upside
target at 4.95% has been reached. Support is now 4.20% while next upside target
is 5.40%
Euro-US Dollar: The Euro is likely to drop
to support at 100. Meantime resistance is 112.
Bitcoin: Support is 26,000. The 36,000
target has been reached. Next stop 50,000.
West Texas Crude Oil: Upside target remains
100. Support at 77 is wobbling. If it fails then down to 62.
Gold: Upside target is 2070. Support is 1920.
Apple: Upside target at 200 was reached.
Support is now 165.
Amazon: Support is 110. Upside target is
175.
Google: Upside target is 150-55. Support
is 90.
Meta: Support is 250 while next
upside target is 375.
Netflix: Next upside target at 450 has
been reached. Support now is 350.
Nvidia: Upside target is 550. Support now
is 400.
Tesla: TSLA has upside target at 350.
Support now is 180.
Visa: Next upside target is 285. Support
is 215.
