Apr 142014
 

Morning Investment and Day Trading Comments Tuesday April 15, 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

Monday April 14, 2014
2:00 PM, South Florida Beach Time.

 

                                       THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,090.00 and 15,990.00, below that 15,760.00 to 15,890.00 should hold.
Resistance is at 16,285.00 the 16,420.0 to 16,550.00 region.   


JUNE E-MINI SP500

Resistance is at 1822.00 and 1840.00.
Support should appear 1808.00, below that buyers should appear near 1794.00. Below that support should appear near 1780.00 to 1774.00 and contain a decline.
 

 

NASDAQ COMPOSITE

Resistance should appear at 4046.00 to 4056.00.

Support should appear near 3992.00 to 3982.00 and 3909.00 to 3929.00

JUNE E-MINI NASDAQ 100

Support remains near the 3443.00 to 3425.00 region. Below that buyers should appear near 3386.00 to 3377.00
Resistance is at 3493.00 to 3503.00 and the 3553.00 to 3563.00 region.
JUNE E-MINI RUSSELL 2000

Resistance should appear at 1130.00 to 1136.00.
Support should appear near 1101.00 to 1092.00

JUNE 30 YR BONDS

Resistance should appear near 135-07 and 135-21
Support should appear near 134-07 and 133-21

JUNE 10 YR NOTE

Resistance should appear near 125-07 and 125-21

Support should appear near 124-07 and 123-21                                                   

 

                                               THE FRENZIED FOREX FRONT

JUNE DOLLAR INDEX

Resistance should appear near 7991 and 8029 to 8044

Support should appear near 7954 to 7939.

JUNE JAPANESE YEN
Resistance should appear near 9879, beyond that a test of the 9921 to 9937 region is likely.
Support should appear near 9821 and 9779.       

 

 

 

 

JUNE EURO CURRENCY

Support should appear near 13770 and 13692.
Resistance should appear near 13830 and 13910.

JUNE SWISS FRANC

Resistance should appear near 11500 and 11640 to 11690

Support is near 11360 to 11300

JUNE BRITISH POUND

Support should appear near 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 and 9237
Support should appear near 9100 and 9060 to 9044

JUNE AUSSIE DOLLAR

Support should appear near 9347 to 9316 and 9237.
Resistance should appear near 9388 and 9429 to 9445                                                                                        

                                 

                                                  THE PRECIOUS METALS

JUNE GOLD

Resistance should appear near the 1334.0 to 1346.0 region.

Support should appear near 1322.0 and the 1310.0 to 1304.0 region.
 

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 and 2060 to 2089.
                                                                                      

 

                                                     THE EXCITING ENERGIES

MAY CRUDE OIL

Resistance should appear near 10415, beyond that a test of 10470 and 10580 to 10680 is likely.

Support should appear near 10360 to 10320 and 10230.

JUNE CRUDE OIL

Resistance should appear near 10320 to 10360

Support should appear near 10227 and 10187

 

JUNE BRENT CRUDE OIL
Resistance should appear near the 10960 to 11010 region.
Support should appear near 10815 and the 10680 to 10580 region.

 

MAY HEATING OIL

Support should appear near should appear near 29555 and the 29370 to 29280 region.
Resistance should appear near 29900, beyond that a test of 30130 is likely.

 

MAY UNLEADED GAS

Support should appear near should appear near 30130 and the 29900 to 29720 region.
Resistance should appear near 30360 to 30450 and 30685.
JUNE NATURAL GAS

Resistance should appear at 4639 to 4650 and 4695 to 4717

Support should appear near 4514 to 4503 and 4446 to 4425                 

                          

 

 

                                             THE GRANDE’ GRAINS

MAY SOYBEANS

Support should appear near 1471 ½ and the 1459 to 1453 region.

Resistance should appear near 1484 to 1496 and the 1529 to 1535 region.

 

JULY SOYBEANS
Support should appear near 1459 to 1453 then 1437 and the 1421 to 1415 region which should hold.

Resistance should appear near 1471 ½ and 1484 to 1490

 

NOVEMBER SOYBEANS
Support should appear near 1217 ½ and the 1203 to 1192 region.

Resistance should appear near 1232 to 1238.

 

JULY SOYOIL
Resistance should appear near 4304 to 4315.
Support should appear near 4238 and 4183 to 4163.

JULY SOYMEAL

Resistance should appear near 469.6 to 471.7, beyond that a test of 477.5 to 478.5 is likely.

Support should appear near 465.0 to 463.9 and 458.2 to 457.1.

 

JULY CORN

Support should appear near 506 ¾ to 505 3/4 and 499 ½ to 497 ¼
Resistance should appear near 512 ¾ to 513 ¾ , beyond that sellers should appear near 520 to 521 ¼.

 

JULY WHEAT

Resistance should appear near 690 ¾ to 691 ¾ and the 699 top 700 ¼ region.

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 13537 and the 13462 to 13342 region.

Resistance should appear near 13612 and 13687, beyond that a test of the 13770 to 13830 region is likely.

 

AUGUST CATTLE
Support should appear near 13342 and 13237.

Resistance should appear near 13400 and 13460.

 

JUNE HOGS

Support should appear near 12175 and 12030 to 11920.

Resistance should appear near 12320 to 12380 and 12500.                         


AUGUST HOGS

Support should appear near 11807 and the 11690 to11640 region.

Resistance should appear near 11920 to 12030, beyond that an eventual test of 12175 is likely.                          

 

                                         THE SATISFYING SOFTS

JULY COFFEE

Resistance should appear near 20800 to 20890 then21260 to 21340 and the 2170 to 21850 region.

Support should appear near 20420 to 20340 then 19960 to 19820 and the 19530 to 19460 region.

 

JULY COCOA

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

Support should appear near 2990 to 2972 and 2937 to 2928.
BW Traders should go long if a close over 3047 occurs
JULY SUGAR

Resistance is near 1738 and the 1774 to 1780 region
Support should appear near 1731 and 1714, below that a test of 1696 to 1689 is likely.
JULY COTTON

Support should appear near 9156 to 9140 and 9100
Resistance is at 9236, beyond that a trade to 9316 to 9347 is likely.

 

                                       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

 

Monday April 14, 2014 3:00 PM South Florida Beach Time

 

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