Forecasts

All Xxx/Jpy pairs, FXE and Eur/Usd need to correct, so I am overall bearish on US-Equities right now.

Bullish:

$Dxy to test 79

but it needs to test 70.75 at some point

Bullish:

/DX to test 79

Bullish: UUP to test 22.5 (Discarding it on 5/4/2011, it may still go down further)

Bearish: FXE to test 134

Bullish: Aud/Chf to test .97 (IT)

Bearish:

Aud/Nzd to test 1.316 (IT), 1.286 (LT)

Bearish:

Aud/Jpy to test 84

Bearish:

Aud/Usd to test .81 (very LT)

Bullish:

Cad/Chf to test .934

Bearish:

Cad/Jpy to test 82 (ST) (Met on 5/5/2011, i had come up with this target on 4/6, when it was at 89.2)

Bearish:

Chf/Jpy to test 82.5 (LT)

Bearish:

Eur/Aud to test 1.285 (IT) but it will test 1.56 (very LT)

Bearish:

Eur/Cad to test 1.291 but it will test 1.47 (very LT)

Bullish: Eur/Chf to test 1.48 (very LT) but will reverse at 1.32 area

Bearish:

Eur/Jpy to test 108 (IT) but it will test 139 (LT)

Bearish: Eur/Usd to test 1.335 (IT) but it can test

1.5

Bearish:

Eur/Nzd to test 1.7 (IT)

Bearish:

Eur/Gbp to test .855 (IT) and .76 (very LT)

Bullish: Gbp/Chf to test 1.98 (very LT) but resistance at 1.53

Bearish:

Gbp/Jpy to test 127 (IT) but it will test 177 (very LT)

Bearish:

Gbp/Nzd to test 2.005

Bearish:

Gbp/Usd to test 1.636 (Met on 5/6/2011) but it will test 1.76 (very LT)

Bullish: Nzd/Chf to test .73 (IT)

Bearish:

Nzd/Jpy to test 63

(Met on 5/5/2011, I had come up with this target on 4/6, when it was at 66.5)

but it will test 71.8 (LT)

Bullish: Usd/Chf to test .965 (IT)

Bearish:

Usd/Jpy to test 80

(Met on 5/5/2011, I had come up with this target on 4/6, when it was at 85.6)

but it will test 101 (Very LT)

Bearish:

/TF and RUT to test 640 area (LT)

Bullish: /NKD to test 10,275 area

Bullish: /ES to test 1367 (Met on 5/1/2011) and SPX to test 1370 area (ST) (Met on 5/2/2011)

. SPX to test 1420 (LT)

Bullish: NDX and /NQ to test 2,440

Bullish: COMP to test 2,900 area

Bullish: OEX to test 610 area (ST) (Met on 5/2/2011) , OEX to test 670 area (LT)

Bullish: $DJI to test 12950 area (LT)

Bearish:

/CL to test 96.5 (Met on 5/6/2011, I had come up with this target on 3/7/2011 when it was at 106.5. It will march to test 108 now.)

Bearish:

/SI to test 26.25 (LT), SLV to test 24 (LT)

Bearish: /YG to test 1375 (LT)

Bearish:

GLD to test 129.25 (very LT)

Bearish:

/ZC (Corn) to test 525 area (IT)

Bullish: /HG (copper) to test 4.62 area

Bullish: /ZS (Soybean) to test 1465 area (ST)