Jul 242014
 

Morning Investment and Day Trading Comments  Friday July 25, 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 24, 2014
3:00 PM  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 remains near 16,960.00 to 16,890.00.
Resistance is at the 17,310.00 to 17,380.00 region.

 

DOW JONES TRANSPORTS

Support should appear near 8406.00 to 8391.00

Resistance is at 8560.00 to 8589.00

SEPTEMBER E-MINI SP500

Resistance is at 1992.00 and 2034.00 to 2042.00
Support should appear near 1967.50 and 1953.00 to 1946.00.
BW Traders should go short if a close under 1945.50 occurs.

 

NASDAQ COMPOSITE

Resistance should appear at 4571.00 to 4582.00

Support should appear near 4446.00 to 4425.00
SEPTEMBER E-MINI NASDAQ 100
Support should appear near 3929.00 to 3909.00

Resistance is at 4046.00 to 4056.00


SEPTEMBER E-MINI RUSSELL 2000

Resistance should appear near 1164.00 to 1169.00

Support should appear near 1136.00 to 1130.00

 

SEPTEMBER 30 YR BONDS

Resistance should appear near 138-07 and 138-21
Support should appear near 137-08 and 136-21
SEPTEMBER 10 YR NOTE

Resistance should appear near 125-07 and 125-17

Support should appear near 124-07 and 123-21                                                                                       

 

                                                      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 9877 and 9921 to 9937
Support should appear near 9779 and 9737 to 9706
 

 

SEPTEMBER EURO CURRENCY

Support should appear near 13400 and 13340
Resistance is at 13537 and 13615.

SEPTEMBER SWISS FRANC

Resistance should appear near 11155 and 11227.

Support is near 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
Support should appear near 9156 to 9140.
SEPTEMBER AUSSIE DOLLAR
Support should appear near 9347 to 9316

Resistance should appear near 9429 to 9445

 

                                                THE PRECIOUS METALS

AUGUST GOLD

Resistance should appear near 1304 to 1310

Support should appear near 1274.0 to 1268.0

 

SEPTEMBER COPPER
Resistance should appear near 34250 to 34430

Support should appear near 32130 to 31940
SEPTEMBER SILVER

Support should appear near 1953 to 1946

Resistance is at 2080 to 2089                                                                                                                               

 

                                     THE EXCITING ENERGIES

 

DECEMBER CRUDE OIL

Support should appear near 9737 to 9706

Resistance should appear near 10021 to 10037
SEPTEMBER BRENT CRUDE OIL
Resistanceshould appear near 10750 then 10820 and 10960 to 11010
Supportshould appear near 10680 to 10580 and 10470

 

SEPTEMBER HEATING OIL

Support should appear near should appear near 28310 to 28200
Resistance should appear 29055 and 29280 to 29370

 

SEPTEMBER UNLEADED GAS

Support should appear 27750 to 27580

Resistance should appear near 28280 and 28515
SEPTEMBER NATURAL GAS

Resistance should appear 3.858 to 3.867 and 3.909 to 3.929

Support should appear near 3.743 to 3.734 and 3.682 to 3.663                                                   

 

                                                      THE GRANDE’ GRAINS

AUGUST SOYBEANS

Support should appear near 1203 to 1192

Resistance should appear near 1232 to 1238

 

NOVEMBER SOYBEANS
Support should appear near 1068 to 1058

Resistance should appear near 1092 to 1101
AUGUST SOYOIL
Support should appear near 3563 to 3553
Resistance should appear near 3663 to 3682
AUGUST SOYMEAL

Resistance should appear near 404.6 to 405.6

Support should appear near 386.7 to 385.8

 

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 344 ¼ to 342 ½
Resistance should appear near 366 ¼ to 368 ¼

 

SEPTEMBER WHEAT

Support should appear near 513 ¾ to 512 ½.
Resistance should appear near 534 ½ to 535 ¾


THE LIVELY LIVESTOCK

AUGUST CATTLE

Support should appear near 15527 and 15350 to 15290

Resistance should appear near 15922 and 16087

 

OCTOBER CATTLE
Support should appear near 15760 to 15690

Resistance should appear near 16090 to 16150                         

 

 

 

 

AUGUST HOGS

Support should appear near 12177 and 12030 to 11920
Resistance should appear near 12527 and 12607
OCTOBER HOGS

Support should appear near 10680 to 10580

Resistance should appear near 10960 to 11010


DECEMBER HOGS

Support should appear near 9737 to 9707

Resistance should appear near 10102 to 10137                                                                   

                                 THE SATISFYING SOFTS

SEPTEMBER COFFEE

Resistance should appear near 18580 to 18650

Support should appear near 17380 to 17310
SEPTEMBER COCOA

Resistance should appear near 3261 to 3270

Support should appear near 3157 to 3148

 

OCTOBER SUGAR

Resistance is near 1774 to 1783.
Support should appear near the 1696 to 1689 region.

 

DECEMBER COTTON

Support should appear near 6350 to 6337
Resistance is at 6809 to 6836
                                       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 24, 2014 4:00 PM South Florida Beach Time
Terms of Use and Agreement   https://www.futurescom.com/policies.html

 

 

THIS PUBLICATION IS SUBJECT TO REVISIONS AND CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES AND FOREIGN EXCHANGE TRADING IS RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS, FOREIGN EXCHANGE AND OPTIONS. TRADING FUTURES AND FOREIGN EXCHANGE ON MARGIN CARRIES A HIGH LEVEL OF RISK AND MAY NOT BE SUITABLE FOR ALL INVESTORS. PLEASE TRADE WITH CAPITAL YOU CAN AFFORD TO LOSE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. NO SOLICITATION IS MADE HERE FOR INDIVIDUALS TO BUY OR SELL FUTURES CONTRACTS, FOREIGN EXCHANGE OR OPTION MARKET. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. READERS ARE SOLEY RESPONSIBLE FOR HOW THEY USE THE INFORMATION AND FOR THEIR RESULTS. YOU SHOULD BE AWARE OF ALL THE RISKS ASSOCIATED WITH FUTURES AND FOREIGN EXCHANGE AND SEEK ADVICE FROM AN INDEPENDENT FINANCIAL ADVISOR IF YOU HAVE ANY DOUBTS, THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES AND FOREIGN EXCHANGE TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. INTERNET RISKS ; THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET BASED SERVICE INCLUDING BUT NOT LIMITED TO, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTION, FUTURESCOM EMPLOYS BACK-UP SYSTEMS AND CONTINGENCY PLANS TO MINIMIZE THE POSSIBILITY OF SYSTEM FAILURE.

Terms of Use and Agreement   https://www.futurescom.com/policies.html FuturesCom Investment Publications © 1996 – 2014 All Rights