Guesstimates on November 9, 2009

December S&P E-mini Futures: Today's day session range estimate is 1068-1082. I expect to see this rally reach the 1120 level <o:p></o:p>

QQQ: Support is at 41.10. Next upside target is 45.00. <o:p></o:p>

TYX (thirty year bond yield): I think this market has begun a move to 5.00%. <o:p></o:p>

TNX (ten year note yield): I think that the market has begun a swing up to 4.30%. <o:p></o:p>

Euro-US Dollar: I think a sustained drop to below 120 is about to start. <o:p></o:p>

Dollar-Yen: I think the 87.13 low will hold and that the yen will soon begin a move to 105.00. <o:p></o:p>

December Crude: I think that crude is headed down to 50.00. Resistance is now at 81.00.<o:p></o:p>

GLD – December Gold: The market will probably keep going until it reaches 1120. Support is at 1030.<o:p></o:p>

SLV - December Silver: Continuation up to 1900 is likely. <o:p></o:p>

Google: Support is now at 490. Next step upward will carry to 610.