Sep 222014
 

Day Trading and Investment Comments  Tuesday September 23, 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 September 22, 2014 

12:00 Noon South Florida Beach Time

 

 

                                          THE SENSATIONAL STOCK AND BOND MARKET

DOW JONES INDUSTRIAL AVERAGE
Support is near 17,135.00 and the 16,960.00 to 16,890.00 region.

Resistance is at 17,310.00 to 17,380.00.
DOW JONES TRANSPORTS

Support should appear near 8499.00 to 8484.00 and 8406.00 to 8391.00.

Resistance is at 8560.00 to 8589.00 and 8668.00 to 8683.00.

 

DECEMBER E-MINI SP500

Resistance is at 1996.00 then 2004.50 and 2015.00.
Support should appear near 1982.00 and 1967.50
 

NASDAQ COMPOSITE

Resistance should appear at 4639.00 to 4650.00 and the 4695.00 to 4717.00 region.
Support should appear near 4514.00 to 4503.00 and the 4446.00 to 4425.00 region.

 

DECEMBER E-MINI NASDAQ 100
Support should appear near 3992.00 to 3982.00 and 3939.00 to 3909.00

Resistance is at 4056.00 and 4110.00 to 4120.00.

DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 1130.000 to 1136.00 and 1150.00.

Support should appear near 1101.00 to 1096.00.

 

DECEMBER 30 YR BONDS

Resistance should appear near 137-07 and 138-07.
Support should appear near 136-07 and 135-22.
DECEMBER 10 YR NOTE

Resistance should appear near 124-22 then 125-07 and 125-22

Support should appear near 123-21 and 123-07.

 

                                                 THE FRENZIED FOREX FRONT

DECEMBER DOLLAR INDEX

Resistance should appear near 8499 and 8560 to 8589.

Support should appear near 8445 and the 8406 to 8391 region.
DECEMBER JAPANESE YEN
Resistance should appear near 9237 and 9316 to 9347. BW Traders can sell at 9312 and hold for lower prices.
Support should appear near 9156 to 9140 and 9060 to 9044.
 

 

DECEMBER EURO CURRENCY

Support should appear near 12740 to 12680.

Resistance is at 12890 and the 13040 to 13100. BW Traders can sell at 12887 and hold for lower prices.

 

DECEMBER SWISS FRANC

Resistance should appear near 10680 and 10817.

Support should appear near 10630 and 10580. Aggressive BW Traders should go short if a close under 10577 occurs.  Trade accordingly

 

DECEMBER BRITISH POUND

Support should appear near 16150 to 16090.
Resistance should appear near 16420 to 16550.
DECEMBER CANADIAN DOLLAR

Resistance should appear near 9060 then 9100 and 9140 to 9156.

Support should appear near 9004 and 8964 to 8934
DECEMBER AUSSIE DOLLAR
Support should appear near 8777 to 8762. Under that buyers should appear near 8683 to 8668..

Resistance should appear near 8856 to 8871 and 8934 to 8964.                                                  

 

 

 

                                                         THE PRECIOUS METALS

DECEMBER GOLD

Resistance should appear near 1232.0 to 1238.0.

Support should appear near the 1203.0 to 1192.0.

 

DECEMBER COPPER
Resistance should appear near 30920 to 31020 and 31480 to 31570.

Support should appear near 29900 to 29720 and 29370 to 29280.

DECEMBER SILVER

Support should appear near 1738.0 to 1731.0 and the 1696.0 to 1684.0 region.

Resistance is at 1808.0 to 1822.0 and the 1858.0 to 1865.0 region.

 

                                                 THE EXCITING ENERGIES

DECEMBER CRUDE OIL

Support should appear near 8964 to 8934 and the 8871 to 8856 region.

Resistance should appear near 9044 to 9060 and 9140 to 9156.
DECEMBER BRENT CRUDE OIL
Resistance should appear near 9821 to 9837 and 9921 to 9937.
Support should appear near 9641 to 9625 and 9542 to 9526.

 

NOVEMBER HEATING OIL

Support should appear near should appear near 26720 to 26630 and the 25680 to 25520 region.

Resistance should appear 27160 to 27240 and 27580 to 27750


NOVEMBER UNLEADED GAS

Support should appear the 24690 to 24610 region. Below that a test of 24190 to 24110 is likely.
Resistance should appear near 25110 to 25190 and 25520 to 25680.
 

 

NOVEMBER NATURAL GAS

Resistance should appear 3.982 to 3.992 then 4.046 to 4.056.

Support should appear near 3.806 to 3.795 and 3.553 to 3.563.                                            

 

                                               THE GRANDE’ GRAINS

NOVEMBER SOYBEANS
Support should appear near 934 ¾ to 931 ¾ and 915 ¾ to 914.

Resistance should appear near 952 ¾ to 954 ¾ and 962 ¼ to 964 ¼


DECEMBER SOYOIL
Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 3270 and 3319 to 3326

 

DECEMBER SOYMEAL
Resistance should appear near 310.2 then 314.8 to 315.7 and 319.4 to 321.3.
Support should appear near 304.5 to 303.6 and 299.0 to 297.2

DECEMBER CORN

Support should appear near 321 ¾ to 319 ¾ and 315 ¾ to 314 ¾ region.
Resistance should appear near 337 ¾ to 338 ¾ and 342 ½ to 344 ¼.
DECEMBER WHEAT

Support should appear near 471 ¾ to 469 ½ and 446 ¾ to 442 ¾
Resistance should appear near 491½ to 492 ¾ and 505 ¾ to 506 ¾

 

 

 

                                                    THE LIVELY LIVESTOCK

OCTOBER CATTLE
Support should appear near 15350 to 15290 and 15137

Resistance should appear near 15690 to 15760


DECEMBER CATTLE
Support should appear near 15760 to 15690 and 15522

Resistance should appear near 16090 to 16150

     

OCTOBER HOGS

Support should appear near 10587 and 10472.

Resistance should appear near 10817 and the 10960 to 11010 region.                                                                             

 

DECEMBER HOGS

Support should appear near 9447 to 9427 and 9347 to 9317
Resistance should appear near 9622 to 9642 and 9707 to 9737.
BW Traders can sell at 9702 and risk a close over 9757 for three days in a row.                                                                            

 

FEBRUARY HOGS

Support should appear near 9062 to 9042 and 8967 to 8932

Resistance should appear near 9317 to 9347 and the 9427 to 9447 region.

BW Traders can sell at 9407 and risk a close over 9557 for three days in a row.

 

 

                                               THE SATISFYING SOFTS

DECEMBER COFFEE

Resistance should appear near 18080 to 18220 and the 18580 to 18650 region.

Support should appear near 17800 to 17740 then 17380 to 17310 and the 16960 to 16890 region.
DECEMBER COCOA

Resistance should appear near 3377 to 3386

Support should appear near 3157 to 3148

 

MARCH SUGAR

Resistance is near 1609 to 1615 and 1731 to 1738
Support should appear near 1535 to 1529 and 1496 to 1484.

 

DECEMBER COTTON

Support should appear near 6190 to 6165  and 6035 to 6029
Resistance is at 6417 to 6430 and 6577 to 6591

                                      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 September 22, 2014 1:55 PM South Florida Beach Time

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