Morning Investment and Day Trading Comments Wednesday April 9, 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
“A lot of people approach risk as if it’s the enemy, when it’s really fortunes accomplice.”
Tuesday April 08, 2014
4:00 PM, South Florida Beach Time.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,150.00 to 16,090.00.
Resistance is at 16,420.00 to 16,550.00.
JUNE E-MINI SP500
Resistance is at 1858.00 to 1865.00.
Support should appear near the 1822.00 to 1808.00 region.
NASDAQ COMPOSITE
Resistance should appear at 4163.00 to 4183.00
Support should appear near 4110 and the 4056.00 to 4046.00 region
JUNE E-MINI NASDAQ 100
Support should appear near 3503 to 3493 and the 3443.00 to 3425.00 region.
Resistance is at 3553.00 to 3563.00 and 3613 to 3623
JUNE E-MINI RUSSELL 2000
Resistance should appear at 1164.00 to 1169.00.
Support should appear near 1136.00 to 1130.00 and the 1101.00 to 1096.00 region.
JUNE 30 YR BONDS
Resistance should appear near 134-07 and 134-21
Support should appear near 133-07 and 132-21.
JUNE 10 YR NOTE
Resistance should appear near 124-07 and 124-21.
Support should appear near 123-21 and 123-07
THE FRENZIED FOREX FRONT
JUNE DOLLAR INDEX
Resistance should appear near 7991 and the 8029 to 8044.
Support should appear near 7954 to 7939
JUNE JAPANESE YEN
Resistance should appear near 9921 to 9937
Support should appear near 9821 and 9783
JUNE EURO CURRENCY
Support should appear near 13770 then 13692 and 13617.
Resistance should appear near 13830, beyond that a test of 13910 is likely
JUNE SWISS FRANC
Resistance should appear near 11360 and 11500
Support is near 11300 and 11237.
JUNE BRITISH POUND
Support should appear near 16720 then 16637 and the 16550 to 16420 region.
Resistance should appear near the 16890 to 16960 region.
JUNE CANADIAN DOLLAR
Resistance should appear near 9140 to 9156
Support should appear near 9100 and 9060 to 9044
JUNE AUSSIE DOLLAR
Support should appear near 9237 and 9156 to 9140.
Resistance should appear near 9316 to 9347.
Stay tuned for Forex Flashes.
THE PRECIOUS METALS
JUNE GOLD
Resistance should appear near the 1334.0 to 1346.0 region.
Support should appear near 1304.0 and 1289.0.
MAY COPPER
Resistance should appear near 30920 to 31020, beyond that a test of 31480 to 31570 is likely.
Support should appear near 30450 to 30360 and 29900 to 29720.
MAY SILVER
Support should appear near 1996 to 1982 and 1953 to 1946.
Resistance is at 2034 to 2042 and 2060 to 2089
THE EXCITING ENERGIES
MAY CRUDE OIL
Resistance should appear near 10320 to 10360 and 10470
Support should appear near the 10185 and the 10136 to 10104 region.
JUNE CRUDE OIL
Resistance should appear near 10185 and 10235
Support should appear near 10136 to 10104
JUNE BRENT CRUDE OIL
Resistance should appear near 10815 and 10960 to 11010
Support should appear near 10680 to 10630 and 10580
MAY HEATING OIL
Support should appear near should appear near 29280 and 28830 to 28740.
Resistance should appear 29720 to 29900.
MAY UNLEADED GAS
Support should appear near should appear near 29720 and 29545.
Resistance should appear 29900, beyond that a test of 30360 to 30450 is likely
MAY NATURAL GAS
Resistance should appear at 4571 to 4582 , beyond that a test of 4639 to 4650 is likely.
Support should appear near 4514 to 4503 and 4446 to 4425
THE GRANDE’ GRAINS
MAY SOYBEANS
Support should appear near the 1459 to 1453 region.
Resistance should appear near 1484 to 1496, beyond that a test of 1529 to 1535 is likely.
JULY SOYBEANS
Support should appear near 1450 to 1453 and 1437… Under that buyers should appear near 1421 to 1415 and should contain a decline.
Resistance should appear near 1471 ½ and the 1484 to 1496 region
NOVEMBER SOYBEANS
Support should appear near 1203 to 1192.
Resistance should appear near 1232 to 1238.
JULY SOYOIL
Resistance should appear near 4238 to 4249 and the 4304 to 4315 region.
Support should appear near 4183 to 4163 and 4120 to 4110.
JULY SOYMEAL
Resistance should appear near 491.54 to 492.6
Support should appear near 471.7 to 469.5
Trade Accordingly
JULY CORN
Support should appear near the 506 ¾ to 505 ¾ and 499 ½ to 497 ¼ region.
Resistance should appear near 520 to 521 ¼ , beyond that a test of 525 ¾ to 528 ¼ is likely.
JULY WHEAT
Resistance should appear near 690 ¾ to 691 ¾ and 707 to 708 ¾
Support should appear 683 ¾ to 680 ¾ and the 675 ½ to 674 ¾ region.
THE LIVELY LIVESTOCK
JUNE CATTLE
Support should appear near 13460 to 13340
Resistance should appear near 13532 then 13617 and 13687.
AUGUST CATTLE
Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460.
JUNE HOGS
Support should appear near 11690 to 11640
Resistance should appear near 11920 to 12030
THE SATISFYING SOFTS
JULY COFFEE
Resistance should appear near 19820 to 19960 and 20340 to 20420 region.
Support should appear near 19530 to 19460 and 19090 to 19020.
JULY COCOA
Resistance should appear near 3036 to 3045, beyond that a test of 3092 to 3102 is likely.
Support should appear near 2937 to 2928 and the 2883 to 2874 region.
BW Traders should go long if a close over 3047 occurs
JULY SUGAR
Resistance is near 1808 to 1822
Support should appear near 1738 to 1731
JULY COTTON
Support should appear near 9156 to 9140 and 9100.
Resistance is at the 9316 to 9347 region.
BW Traders should go long if a close over 9348 occurs.
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
Tuesday April 08, 2014 4:40 PM South Florida Beach Time
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