carlfutia

Guesstimates on February 18, 2021

  March S&P E-mini Futures:  A drop of 10% or so appears imminent. That said, the Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021.  QQQ:  Support is 324. Continuation upward will meet resistance at 350. TNX (ten year note yield): Yields are in the early stages of a long...

carlfutia

Guesstimates on February 17, 2021

  March S&P E-mini Futures:  A drop of 10% or so appears imminent. That said, the Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021.   QQQ:  Support is 324. Continuation upward will meet resistance at 350. TNX (ten year note yield): Yields are in the early stages of a long...

carlfutia

Guesstimates on February 16, 2021

March S&P E-mini Futures:  The Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021. That said, a drop of 10% or so now appears imminent. QQQ:  Support is 312. Continuation upward will meet resistance at 350. TNX (ten year note yield): Yields are in the early stages of a long...

carlfutia

Guesstimates on February 10, 2021

March S&P E-mini Futures:  The Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021. QQQ:  Support is 312. Continuation upward will meet resistance at 350. TNX (ten year note yield): Yields are in the early stages of a long march to higher ground. Euro-US Dollar: A swing up...

carlfutia

Guesstimates on February 3, 2021

  March S&P E-mini Futures:  Another drop visibly below 3700 at this juncture will probably mean that a swing down of 10% or so is underway. But even then the bull market will only be briefly interrupted. The Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021. QQQ:  Support...

carlfutia

Guesstimates on February 2, 2021

  March S&P E-mini Futures:  Another drop visibly below 3700 at this juncture will probably mean that a swing down of 10% or so is underway. But even then the bull market will only be briefly interrupted. The Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021. QQQ:  The...

carlfutia

Guesstimates on February 1, 2021

  March S&P E-mini Futures:  Another drop visibly below 3700 at this juncture will probably mean that a swing down of 10% or so is underway. But even then the bull market will only be briefly interrupted. The Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021. QQQ:  The...

carlfutia

Guesstimates on January 29, 2021

  March S&P E-mini Futures:  A drop visibly below 3700 at this juncture will probably mean that a swing down of 10% or so is underway. But even then the bull market will only be briefly interrupted. The Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021. QQQ:  The Q’s have...

carlfutia

Guesstimates on January 28, 2021

  March S&P E-mini Futures:  A drop visibly below 3700 at this juncture will probably mean that a swing down of 10% or so is underway. But even then the bull market will only be briefly interrupted. The Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021. QQQ:  The Q’s have...

carlfutia

Guesstimates on January 22, 2021

  March S&P E-mini Futures:  This is a bull market. The Fed’s QE program is very bullish long term and the Corona Crisis has passed its peak. The 2174 low last March will hold for several years and the ES is likely to trade up to or past 4500 by the end of 2021. QQQ:  The Q’s have reached the  next target at 325. Support is 312. Continuation upward will meet resistance at 350. TNX (ten year note yield): Yields are in the...