Morning Investment and Day Trading Comments Friday July 18, 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
Thursday July 17, 2014
1:30 Noon, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes and updates
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16,890.00 and 16,720.00.
Resistance is at 17,135.00 and the 17,310.00 to 17,380.00 region.
DOW JONES TRANSPORTS
Support should appear near 8223 to 8194.00 and 8134.00 to 8119.00.
Resistance is at 8300.00 to 8314.00 and 8391.00 to 8406.00.
SEPTEMBER E-MINI SP500
Resistance is at 1946.00 to 1953.00 and 1967.50.
Support should appear near 1927.50 and 1929.00 to 1909.00
Aggressive BW Traders should go short if a close under 1945.50 occurs.
NASDAQ COMPOSITE
Resistance should appear at 4370 to 4381.00 and 4425.00 to 4446.00
Support should appear near 4315.00 to 4304.00 and 4249.00 to 4238.00
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3806.00 to 3795.00
Resistance is at 3858.00 to 3867.00 and 3909.00 to 3929.00
SEPTEMBER E-MINI RUSSELL 2000
Resistance should appear near 1130.00 to 1136.00 and 1150.00
Support should appear near 1115.50 and 1101.00 to 1096.00
SEPTEMBER 30 YR BONDS
Resistance should appear near 138-21 and 139-07
Support should appear near 137-22 and 137-09
SEPTEMBER 10 YR NOTE
Resistance should appear near 126-07 and 127-06
Support should appear near 124-22 and 124-08
THE FRENZIED FOREX FRONT
SEPTEMBER DOLLAR INDEX
Resistance should appear near 8119 to 8134
Support should appear near 8044 to 8029
SEPTEMBER JAPANESE YEN
Resistance should appear near 9921 to 9937 and 10021 to 10037.
Support should appear near 9837 to 9821.
SEPTEMBER EURO CURRENCY
Support should appear near the 13460 to 13340 region.
Resistance is at 13537 then 13615 and 13690. BW Traders can sell at 13687 and hold for lower prices
SEPTEMBER SWISS FRANC
Resistance should appear near 11155 then 11227 and 11300 to 11360
Support is near 11088 and the 11010 to 10960 region.
SEPTEMBER BRITISH POUND
Support should appear near 16960 to 16890.
Resistance should appear near the 17310 to 17380 region.
SEPTEMBER CANADIAN DOLLAR
Resistance should appear near 9316 to 9347 and 9388
Support should appear near 9237 and 9156 to 9140.
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9316 and 9277
Resistance should appear near 9347 and 9429 to 9445.
THE PRECIOUS METALS
AUGUST GOLD
Resistance should appear near 1322.0 and 1334.0 to 1346.0
Support should appear near 1310.0 to 1304.0
SEPTEMBER COPPER
Resistance should appear near 32610 to 32700
Support should appear near 32130 to 31940 and 31570 to 31480
SEPTEMBER SILVER
Support should appear near 2089.0 to 2080.0 and 2042 to 2034
Resistance is at 2126 to 2134 and 2170 to 2185
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 9837 to 9821
Resistance should appear near 10021 to 10037
SEPTEMBER BRENT CRUDE OIL
Resistanceshould appear near 10820 and 10960 to 11010
Supportshould appear near 10750 and 10680 to 10580
SEPTEMBER HEATING OIL
Support should appear near should appear near 28290 to 28200
Resistance should appear 28740 to 28830 and 29055
SEPTEMBER UNLEADED GAS
Support should appear 28310 to 28200
Resistance should appear near 28730 to 28830
SEPTEMBER NATURAL GAS
Resistance should appear 4.046 to 4.056
Support should appear near 3.929 to 3.909 and 3.867 to 3.858
THE GRANDE’ GRAINS
AUGUST SOYBEANS
Support should appear near 1169 to 1164
Resistance should appear near 1192 to 1203
NOVEMBER SOYBEANS
Support should appear near 1068 to 1058 and 1036 to 1032
Resistance should appear near 1101 and 1115
AUGUST SOYOIL
Support should appear near 3563 to 3553
Resistance should appear near 3663 to 3682 and 3734 to 3743
AUGUST SOYMEAL
Resistance should appear near 385.8 to 386.7 and 390.9 to 392.9
Support should appear near 368.2 to 366.3 and 362.3 to 361.3
DECEMBER SOYMEAL
Resistance should appear near 361.3 to 362.3
Support should appear near 338.6 to 337.7
SEPTEMBER CORN
Support should appear near 374 ¼ to 373 ½ and 368 ¼ to 366 ¼.
Resistance should appear near 379 ½ to 380 ¾ and 385 ½ to 386 ¾
SEPTEMBER WHEAT
Support should appear near 535 ¾ to 534 ½ and 513 ¾ to 512 ½.
Resistance should appear near 555 ¾ to 557 ½ and 571 ¾ to 572 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 and 15122
Resistance should appear near 15517 and 15690 to 15760
AUGUST HOGS
Support should appear near 12740 to 12680
Resistance should appear near 12890 and 13040 to 13100
OCTOBER HOGS
Support should appear near 11360 to 11300.
Resistance should appear near 11500 and 11640 to 11690
DECEMBER HOGS
Support should appear near 10187 and 10137 to 10102
Resistance should appear near 10320 to 10360 and 10470
THE SATISFYING SOFTS
SEPTEMBER COFFEE
Resistance should appear near 16890 to 16960.
Support should appear near 16150 to 16090 and 15760 to 15690.
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 the 1731 to 1738, beyond that a test of 1774 to 1783 is likely.
Support should appear near 1696 to 1689 and 1655 to 1642
DECEMBER COTTON
Support should appear near 6755 to 6743 and 6673 to 6659
Resistance is at 6990 to 7003 and 7074 to 70988
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
Thursday July 17, 2014 2:40 PM South Florida Beach Time
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