Guesstimates on April 3, 2024


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:115%;
mso-pagination:widow-orphan;
font-size:12.0pt;
font-family:”Aptos”,sans-serif;
mso-ascii-font-family:Aptos;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Aptos;
mso-hansi-theme-font:minor-latin;
mso-font-kerning:1.0pt;
mso-ligatures:standardcontextual;}

June S&P E-mini futures:  Inflation is coming down and the Fed is unlikely to tighten any
more. My long-standing 5400 target has nearly been reached and may well prove
too conservative.

QQQ: Support is 430. Upside resistance is 450.

TNX (ten year note yield): The 3.75% level is support.

Euro-US Dollar: The Euro is likely to drop to support at 100. Meantime resistance is
112.

Bitcoin: Support is at 56,000. Next upside target is 81,000.

West Texas Crude Oil: Resistance at 81 appears to be failing. Upside target is now 90.

Gold: Upside target at 2250 has been visibly exceeded. Next upside target is
2500. Support is 2135.

Apple: Next upside target past 200 is 250. Support is 165.

Amazon: Upside target at 175 has been reached. Support now is 145 and next upside
target is 205. 

Google: Upside target at 150-55 has been reached. Support is now 125.

Microsoft: Support is 375 and the next upside target is 500.

Meta:  Upside target is 530. Support is 310.



Source link