Day Trading and Investment Comments Monday October 27, 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
Friday October 24, 2014
1:00 PM South Florida Beach Time
Traders should stay nimble and stay tuned for flashes in all markets.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support should appear near 16720.00 and the 16,550.00 to 16,420.00
Resistance is at the 16,890.00 to 16,960.00 region
DOW JONES TRANSPORTS
Support should appear near 8499.00 to 8484.00 then 8406.00 to 8391.00 and 8314.00 to 8300.00
Resistance is at 8589.00 then 8668.00 to 8683.00 and 8762.00 to 8777.00
DECEMBER E-MINI SP500
Resistance should appear near 1967.50 and 1982.00 to 1996.00
Support should appear near 1946.00 then 1927.50 and 1909.00 to 1902.00.
NASDAQ COMPOSITE
Resistance should appear at 4503.00 to 4514.00 and 4571.00 to 4582.00
Support should appear near 4381.00 to 4371.00 and 4315.00 to 4304.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 3992.00 to 3982.00 and 3929.00 to 3909.00
Resistance is at 4046.00 to 4056.00 and 4110.00 to 4120.00
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1130.00 to 1136.00
Support should appear near 1068.00 to 1058.00
DECEMBER 30 YR BONDS
Resistance should appear near 142-22 and 143-07
Support should appear near 141-07 and 140-17
DECEMBER 10 YR NOTE
Resistance should appear near 127-12 and 128-07
Support should appear near 126-17 and 126-07
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8668 to 8683 and 8762 to 8777
Support should appear near 8560 and 8499 to 8484
DECEMBER JAPANESE YEN
Resistance should appear near 9316 to 9347 and 9429 to 9445
Support should appear near 9156 to 9140 and 9060 to 9044
DECEMBER EURO CURRENCY
Support should appear near 12530 and 12380 to 12320
Resistance should appear near 12680 then 12817 and 12890
DECEMBER SWISS FRANC
Resistance should appear near 10580 and 10630 to 10680
Support should appear near 10470 and 10360 to 10320.
DECEMBER BRITISH POUND
Support should appear near15922 and the 15760 to 15690 region.
Resistance should appear near 16090 to 16150 and 16282.
BW Traders can sell at 16267 and hold for lower prices.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8934 to 8964 and 9004
BW Traders can sell at 8933 and hold for lower prices.
Support should appear near 8871 to 8856 and 8818
DECEMBER AUSSIE DOLLAR
Support should appear near 8762 and 8683 to 8668.
Resistance should appear near 8813 and 8856 to 8871
THE PRECIOUS METALS
DECEMBER GOLD
Resistance should appear near 1238.0 and 1253.0
Support should appear near 1217.50 and 1203.0 to 1192.0
DECEMBER COPPER
Resistance should appear near 30450 and the 30920 to 31020 region.
Support should appear near 29900 to 29720 then 29370 to 29280 and 28830 to 28740
DECEMBER SILVER
Support should appear near 1696.00 to 1689.0 and 1655.0 to 1642.0
Resistance is at 1731 to 1738 and 1774.0 to 1780.0
THE EXCITING ENERGIES
DECEMBER CRUDE OIL
Support should appear near 8044 to 8029 then 7954 to 7939 and 7864 to 7836
Resistance should appear near 8119 to 8134 then 8194 to 8223 and 8300 to 8314
DECEMBER BRENT CRUDE OIL
Resistance should appear near 8668 to 8683 and 8762 to 8777
Support should appear near 8589 to 8560 and 8499 to 8484
DECEMBER HEATING OIL
Support should appear near 24690 to 24610 and 24190 to 24110
Resistance should appear 25110 to 25190 and 25520 to 25680
DECEMBER UNLEADED GAS
Support should appear 20890 to 20800 and 20420 to 20340
Resistance should appear near 21700 to 21850 and22190 to 22260
DECEMBER NATURAL GAS
Resistance should appear 3.734 to 3.743 and 3.795 to 3.806
Support should appear near 3.623 to 3.613 and 3.553 to 3.563.
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 973 ¾ to 970 ¾ and 964 ¼ to 962 ½
Resistance should appear near 992 ¼ to 993 3/4 and 1002 ¾ to 1003 ¾
DECEMBER SOYOIL
Support should appear near 3157 to 3148 and 3102 to 3092
Resistance should appear near 3261 to 32780 and 3319 to 3328
DECEMBER SOYMEAL
Resistance should appear near 355.3 to 356.3 and 361.3 to 362.3
Support should appear near 332.8 to 331.9 and 327.0 to 326.1
DECEMBER CORN
Support should appear near 344 ¼ to 342 ¼ and 338 ¾ to 337 ¾
Resistance should appear near 355 ¼ to 356 ¼ and 361 ¼ to 362 ¼
DECEMBER WHEAT
Support should appear near 506 ¾ to 505 ¾ and 499 ½ to 497 ¼
Resistance should appear near 520 ¼ to 521 ¼ and 534 ½ to 535 ¾
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16552 to 16420
Resistance should appear near 16890 to 16960
FEBRUARY CATTLE
Support should appear near 16562 and 16422
Resistance should appear near 16890 to 16960
DECEMBER HOGS
Support should appear near 8967 to 8932 and 8872 to 8857
Resistance should appear near 9137 to 9157 and 9237
FEBRUARY HOGS
Support should appear near 8872 to 8862 then 8777 to 8762 and 8682 to 8667
Resistance should appear near 8932 to 8967 and 9042 to 9062. BW Traders can sell at 9037, risk a close over 9162 for three days in a row.
APRIL HOGS
Support should appear near 8862 to 8857 and 8777 to 8762
Resistance should appear near 8962 and 9042 to 9062
THE SATISFYING SOFTS
DECEMBER COFFEE
Resistance should appear near 19460 to 1952 and 19820 to 19960
Support should appear near 18580 to 18650 and 18220 to 18080
DECEMBER COCOA
Resistance should appear near 3092 to 3102 and 3148 to 3157
Support should appear near 3045 to 3036 and 2990 to 2972
MARCH SUGAR
Resistance is near 1642 to 1655 and 1689 to 1696
Support should appear near 1615 to 1609 and 1576 to 1569
DECEMBER COTTON
Support should appear near 6270 to 6257 then 6190 to 6165 and 6113 to 6102
Resistance is at 6417 to 6430 and 6483 to 6509
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
Friday October 24, 2014 4:15 PM South Florida Beach Time
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