Forecasts for the Stock, Bond and Commodity Markets

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Guesstimates on June 26, 8:30 am ET

Posted on June 26, 2008

Spiders - September S&P E-mini Futures: The market is in a trading range which I think will be followed by a rally to 1500. Today support is at 1300. From that level I think we shall see a rally to 1330.QQQ: I think the Q s will hold support in the 45-46 range and then begin a rally to 55. TLT - September Bonds: I don t see any sign of an important low shaping up so I think the bonds will drop to 109-110 before turning upward again. Resistance stands at 115. TLT has nearly reached its 88 target.September 10 Year Notes: The notes have reached the 111 level but there is still no sign of a...

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