Jul 072014
 

Morning Investment and Day Trading Comments Tuesday July 8, 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

“In the fields of observation chance favors only the prepared mind”– Louis Pasteur

 

Monday July 07, 2014
2:00 PM South Florida Beach Time

                               THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,960.00 to 16,890.00
Resistance is at 17,310.00 to 17,380.00
DOW JONES TRANSPORTS

Support should appear near 8134.00 to 8119.00 and 8044.00 to 8029.00

Resistance is at 8300 to 8314.00 and 8391.00 to 8406.00

 

SEPTEMBER E-MINI SP500

Resistance is at 1982.00 to 1996.00.
Support should appear near 1953.00 to 1946.00
 

NASDAQ COMPOSITE

Resistance should appear at 4503.00 to 4514.00 and 4571.00 to 4582.00.
Support should appear near 4446.00 to 4425.00 and 4381.00 to 4370.00
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3867.00 to 3858.00

Resistance is at 3982.00 to 3992.00

 

SEPTEMBER E-MINI RUSSELL 2000

Resistance should appear near 1192.00 then 1203.00 and 1232.00 to 1238.00.

Support should appear near the 1169.00 to 1164.00 region.

 

SEPTEMBER 30 YR BONDS

Resistance should appear near 136-07 and 136-21
Support should appear near 135-07 and 134-21
SEPTEMBER 10 YR NOTE

Resistance should appear near 124-21 and 125-06.

Support should appear near 123-21 and 123-07                                                                                        

 

                                                      THE FRENZIED FOREX FRONT

SEPTEMBER DOLLAR INDEX

Resistance should appear near 8029 to 8044 and 8119 to 8134

Support should appear near 7991 and 7954 to 7939.
SEPTEMBER JAPANESE YEN
Resistance should appear near 9837 and 9921 to 9937.
Support should appear near 9821 and 9779.
 

 

 

SEPTEMBER EURO CURRENCY

Support should appear near 13537 and 13460 to 13340
Resistance is at 13615 and 13690.
SEPTEMBER SWISS FRANC

Resistance should appear near 11227 and 11300 to 11360

Support is near 11155, an extended trade under is negative for a test of 11010 to 10960 which
should hold.

SEPTEMBER BRITISH POUND

Support should appear near 16960 to 16890.
BW Traders can buy at 16962 and risk a close under 16887 for three days in a row.
Resistance should appear near the 17310 to 17380 region.

SEPTEMBER CANADIAN DOLLAR

Resistance should appear near 9429 to 9445
Support should appear near 9347 to 9316 and 9238
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9156 to 9140

Resistance should appear near 9347 and 9388
                                                              

                                             THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near 1334.0 to 1346.0.

Support should appear near 1310.00 to 1304.0.

 

SEPTEMBER COPPER
Resistance should appear near 32610 to 32700 and 33190 to 33280

Support should appear near 32130 to 31940

 

SEPTEMBER SILVER

Support should appear near 2089 to 2080.

Resistance is at the 2170 to 2185                                                                                           

                                                     THE EXCITING ENERGIES

AUGUST CRUDE OIL

Support should appear near 10228 and 10136 to 10104

Resistance should appear near 10360 then 10470 and 10580.
AUGUST BRENT CRUDE OIL
Resistanceshould appear near 11155 and 11300
Supportshould appear near 11010 to 10960.

 

AUGUST HEATING OIL

Support should appear near 28830 to 28740
Resistance should appear 29280 to 29370


AUGUST UNLEADED GAS

Support should appear 29720 and 29370 to 29280

Resistance should appear near 30360 to 30450
AUGUST NATURAL GAS

Resistance should appear 4.238 to 4.249

Support should appear near 4.056 to 4.046                                                   

 

                                                      THE GRANDE’ GRAINS

AUGUST SOYBEANS

Support should appear near 1274 to 1268

Resistance should appear near 1304 to 1310

 

 

 

NOVEMBER SOYBEANS
Support should appear near 1101 to 1096

Resistance should appear near 1130 to 1136
AUGUST SOYOIL
Resistance should appear near 3909 to 3929
Support should appear near the 3806 to 3795 region.
AUGUST SOYMEAL

Resistance should appear near 411.0 to 412.0

Support should appear near 392.9 to 390.9

 

DECEMBER SOYMEAL
Resistance should appear near 361.3 to 362.3

Support should appear near 350.3 to 349.3
SEPTEMBER CORN

Support should appear near 386 ¾ to 385 ¾
Resistance should appear near 404 ¾ to 405 ¾


SEPTEMBER WHEAT

Support should appear near 543 to 541 ¾

Resistance should appear near 594 ½ to 595 ¾

 

                                                     THE LIVELY LIVESTOCK

AUGUST CATTLE

Support should appear near 15350 to 15290

Resistance should appear near 15690 to 15760

 

OCTOBER CATTLE
Support should appear near 15522 and 15760 to 15690

Resistance should appear near 15837 and 15922

AUGUST HOGS

Support should appear near 13100 to 13040
Resistance should appear near 13340 to 13460

 

OCTOBER HOGS

Support should appear near 11640 to 11640.
Resistance should appear near 11920 to 12030                                                                       

 

 

                                                  THE SATISFYING SOFTS

SEPTEMBER COFFEE

Resistance should appear near 17310 to 17380

Support should appear near 16550 to 16420 and 16150 to 16090

SEPTEMBER COCOA

Resistance should appear near 3092 to 3102 and 3148 to 3157.

Support should appear near 3045 to 3036 and 2990 to 2972

 

OCTOBER SUGAR

Resistance is near 1858 to 1865
Support should appear near 1738 to 1731

 

DECEMBER COTTON

Support should appear near 6755 to 6743
Resistance is at 7074 to 7088

                                       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 July 07, 2014 3:00 PM South Florida Beach Time

 

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