Apr 022014
 

Morning Investment and Day Trading Comments Thursday April 3, 2014 Equity Futures •  Indices • Treasuries • Forex • Precious Metals • Crude Oil  • Grains • Livestock • Coffee • Sugar • Cocoa.  Free Two Week Trial see  https://futurescom.com/free-trial

Courage in a Speculator is merely confidence to act on the decision of his mind

Wednesday April 2, 2014
3:00 PM, South Florida Beach Time.

                                  THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,550.00 to 16,420.00
Resistance is at 16,720.00 and the 16,890.00 to 16,960.00 region.

JUNE E-MINI SP500

Resistance is at 1883.50 and the 1902.00 to 1909.00 region.
Support should appear near 1874.00 and the 1865.00 to 1858.00 region.

NASDAQ COMPOSITE

Resistance should appear near 4304.00 to 4315.00

Support should appear near the 4349.00 to 4238.00 region.

 

 

JUNE E-MINI NASDAQ 100

Support should appear near 3623.00 to 3613.00 and 3563.00 to 3553.00
Resistance is at 3663.00 to 3682.00 and 3734.00 to 3743.00
JUNE E-MINI RUSSELL 2000

Resistance should appear at the 1192.00 to 1203.00 region.
Support should appear near 1180.50 and the 1169.00 to 1164.00 region.
JUNE 30 YR BONDS

Resistance should appear near 132-07 and 132-21.
Support should appear near 131-21 and 131-07

JUNE 10 YR NOTE

Resistance should appear near 123-07 and 123-21

Support should appear near 122-07 and 121-21                                                 

 

                                               THE FRENZIED FOREX FRONT

 

JUNE DOLLAR INDEX

Resistance should appear near 8067 and 811 to 8134

Support should appear near 8029 then 7992 and the 7954 to 7939 region

JUNE JAPANESE YEN
Resistance should appear near 9645 and 9672
Support should appear near 9625 and 9583       

 

JUNE EURO CURRENCY

Support should appear near 13615 and 13532
Resistance should appear near 13770 to 13830

 


JUNE SWISS FRANC

Resistance should appear near 11300 to 11360

Support is near 11555 and 11010 to 10960

JUNE BRITISH POUND

Support should appear near the 16550 to 16420 region.

Resistance remains near 16720 and the 16890 to 16960 region.
JUNE CANADIAN DOLLAR

Resistance should appear near 9060 and 9140 to 9156
Support should appear near 9044 and 9004.

JUNE AUSSIE DOLLAR

Support should appear near 9156 to 9140
Resistance should appear near 9316 to 9347

                                                     THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near 1304.0 to 1310.0.

Support is near 1289 and 1274.0 to 1268.0

MAY COPPER
Resistance should appear near 30920 to 31020

Support should appear near 30360 and 29900 to 29720.

MAY SILVER

Support should appear near 1996 to 1982 and 1953 to 1946.

Resistance is at 2034 to 2042
                                                                                      

 

 

                                                       THE EXCITING ENERGIES

MAY CRUDE OIL

Resistance should appear near 10021 to 10037

Support should appear near 9937 to 9921

JUNE CRUDE OIL

Resistance should appear near 9921 to 9937

Support should appear near 9837 to 9821

 

MAY BRENT CRUDE OIL
Resistance should appear near 10580 to 10680.
Support should appear near 10360 to 10320

 

MAY HEATING OIL

Support should appear near should 28290 to 28200
Resistance should appear 29280 to 29370

 

MAY UNLEADED GAS

Support should appear 28290 to 28200

Resistance should appear near 29050 and 29280 to 292370

MAY NATURAL GAS

Resistance should appear at 4425 to 4446

Support should appear near 4183 to 4163         

                                              THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1459 to 1453

Resistance should appear near 1484 to 1496

 

 

JULY SOYBEANS
Support should appear near 1437 and 1421 to 1415.

Resistance should appear near 1453 to 1459

 

NOVEMBER SOYBEANS
Support should appear near 1192 and 1180 1/2

Resistance should appear near 1203 and 1232 to 1238

 

JULY SOYOIL
Resistance should appear near 4110 to 4120
Support should appear near 4056 to 4046

MAY SOYMEAL

Resistance should appear near 484.5 to 485.6 and 491.5 to 492.6

Support should appear near 478.5 to 477.5 and 471.7 to 469.5
JULY CORN

Support should appear near 492 ¾ to 491 ½
Resistance should appear near 520 to 521 ¼

 

MAY WHEAT

Resistance should appear near 674 ¼ to 675 ½

Support should appear 635 to 633 3/4        

 

                                              

 

 

 

 

 

 

 

 

                                                THE LIVELY LIVESTOCK

JUNE CATTLE

Support should appear near 13617 and 13460 to 13340

Resistance should appear near 13770 to 13830

AUGUST CATTLE

Support should appear near 13460 to 13340

Resistance should appear near 13532 and 13617

APRIL HOGS

Support should appear near 12680 and 12532
Resistance should appear near 12817 then 12887 and 13040 to 13100

 

JUNE HOGS

Support should appear near 12380 to 12320

Resistance should appear near 12680 to 12740                   

                                       

 

 

                                              THE SATISFYING SOFTS

MAY COFFEE

Resistance should appear near 17310 to 17380

Support should appear near 16550 to 16420

 

MAY COCOA

Resistance should appear near 3036 to 3045, beyond that a test of 3092 to 3102 is likely

Support should appear near the 2883 to 2874 region.  BW Traders can buy at 2887 for a bounce and hold for higher prices.

 

 

 

MAY SUGAR

Resistance is near 1731 to 1738
Support should appear near 1655 to 1642
MAY COTTON

Support should appear near 9060 to 9044
Resistance is at 9526 to 9542
                                       Stay tuned for Flashes and Updates in all Markets

 

–A Ship in Harbor is Safe…But that is not what ships are built for –

 

 

Happy Trading!

Bill wil@futurescom.com

Wednesday April 2, 2014 4:35 PM South Florida Beach Time

 

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