Jul 092014
 

Morning Investment and Day Trading Comments Thursday July 10, 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

 

Wednesday July 09, 2014
3:00 PM South Florida Beach Time

                               THE SENSATIONAL STOCK AND BOND MARKET

 

DOW JONES INDUSTRIAL AVERAGE

Support should appear near 16,960.00 and 16,890.00
Resistance is at 17,135.00 and 17,310.00 to 17,380.00
DOW JONES TRANSPORTS

Support should appear near 8223.00 to 8194.00 and 8134.00 to 8119.00

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 4425.00 to 4446.00 and 4503.00 to 4514.00.
Support should appear near 4381.00 to 4370.00 and 4315.00 to 4304.00
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3806.00 to 3795.00.

Resistance is at 3909.00 to 3929.00

 

SEPTEMBER E-MINI RUSSELL 2000

Resistance should appear near 1180.50 and 1192.00 to 1203.00

Support should appear near 1150.00 and 1136.00 to 1130.00

 

SEPTEMBER 30 YR BONDS

Resistance should appear near 137-21 and 138-06
Support should appear near 136-07 and 135-21
SEPTEMBER 10 YR NOTE

Resistance should appear near 125-21 and 126-06

Support should appear near 124-21 and 124-07                                                                                        

 

                                                      THE FRENZIED FOREX FRONT

SEPTEMBER DOLLAR INDEX

Resistance should appear near 8029 to 8044

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

 

 

SEPTEMBER EURO CURRENCY

Support should appear near 13615 and 13537
Resistance is at 13690 and 13770 to 13830
SEPTEMBER SWISS FRANC

Resistance should appear near 11300 to 11360

Support is near 11222 and 11155.

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
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9347 to 9316

Resistance should appear near 9388 and 9429 to 9445
                                                              

                                             THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near 1377.0 to 1383.0

Support should appear near 1322 and 1310.0 to 1304.0
Short term Traders should consider going long if a close over 1334.00 occurs.
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 10136 to 10104

Resistance should appear near 10320 to 10360
AUGUST BRENT CRUDE OIL
Resistanceshould appear near 10960 to 11010
Supportshould appear near 10680 to 10580

 

AUGUST HEATING OIL

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


AUGUST UNLEADED GAS

Support should appear 29370 to 29280 and should hold.

Resistance should appear near 29720 to 29900
AUGUST NATURAL GAS

Resistance should appear 4.238 to 4.249

Support should appear near 3.929 to 3.909                                                   

                                                      THE GRANDE’ GRAINS

AUGUST SOYBEANS

Support should appear near 1203 to 1192

Resistance should appear near 1268 to 1274

 

NOVEMBER SOYBEANS
Support should appear near 1068 to 1058

Resistance should appear near 1130 to 1136
AUGUST SOYOIL
Resistance should appear near 3734 to 3743
Support should appear near 3682 to 3663
AUGUST SOYMEAL

Resistance should appear near 416.3 to 418.3

Support should appear near 405.6 to 404.5

 

DECEMBER SOYMEAL
Resistance should appear near 361.3 to 362.3

Support should appear near 332.8 to 331.9
SEPTEMBER CORN

Support should appear near 368 ¼ to 366 ¼
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 14960 to 14840

Resistance should appear near 15290 to 15350

 

OCTOBER CATTLE
Support should appear near 15350 to 15290

Resistance should appear near 15690 to 15760

 

AUGUST HOGS

Support should appear near 12890 and 12740 to 12680
Resistance should appear near 13100, a close over is friendly and augurs for a test of 13340 to 13460

 

OCTOBER HOGS

Support should appear near 11500 and 11360 to 11320
Resistance should appear near 11640 to 11690, a close over is friendly and augurs for a test of 11920

Short Term Traders should consider going long if a close over 11690 occurs.
DECEMBER HOGS

Support should appear near 10360 to 10320

Resistance should appear near 10580 and 10680, a close over is friendly and augurs for a test of

  1.                                                 

 

                                                 THE SATISFYING SOFTS

SEPTEMBER COFFEE

Resistance should appear near 17740 to 17800

Support should appear near 16550 to 16420 and 16150 to 16090

SEPTEMBER COCOA

Resistance should appear near 3148 to 3157.

Support should appear near 3045 to 3036.

 

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
Wednesday July 09, 2014 4:10 PM South Florida Beach Time

 

 

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