Day Trading and Investment Comments Tuesday November 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
“Courage in a Speculator is merely confidence to act on the decision of his mind”
Monday November 17, 2014
12:00 Noon, 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 is near 17,380.00 to 17,310.00.
Resistance is at 17,740.00 to 17,800.00
DOW JONES TRANSPORTS
Support should appear near 8964.00 to 8934.00 and 8871.00 to 8856.00
Resistance is at 9140.00 to 9156.00 and 9316.00 to 9347.00.
DECEMBER E-MINI SP500
Resistance should appear near 2042.00 and 2061.00.
Support should appear near 2034.00 and 2015.00.
NASDAQ COMPOSITE
Resistance should appear at 4695.00 to 4717.00 and the 4775.00 to 4785.00 region.
Support should appear near 4582.00 to 4571.00 and 4514.00 to 4503.00
DECEMBER E-MINI NASDAQ 100
Support should appear near 4183.00 to 4163.00 and 4120.00 to 4110.00
Resistance is at 4238.00 to 4249.00.
DECEMBER E-MINI RUSSELL 2000
Resistance should appear near 1180.50 and the 1196.00 to 1203.00 region
Support should appear near 1150.00 and 1136.00 to 1130.00
DECEMBER 30 YR BONDS
Resistance should appear near 141-22 and 142-12.
Support remains near 140-22 and 140-07
DECEMBER 10 YR NOTE
Resistance should appear near 127-07 and 127-21
Support should appear near 126-08 and 125-21
THE FRENZIED FOREX FRONT
DECEMBER DOLLAR INDEX
Resistance should appear near 8856 to 8871
Support should appear near 8777 to 8762 and 8723
DECEMBER JAPANESE YEN
Resistance should appear near 8668 to 8683 and 8762 to 8777
Support should appear near 8560 and 8499 to 8484.
DECEMBER EURO CURRENCY
Support should appear near the 12380 to 12320 region.
Resistance should appear near 12630 and the 12680 to 12740 region.
Stay tuned for Flashes
DECEMBER SWISS FRANC
Resistance should appear near 10470 and 10580 to 10680.
Support should appear near 10360 to 10320, an extended close under is negative and augurs for at test of 10037 to 10021.
DECEMBER BRITISH POUND
Support should appear near the 15350 to 15290 region.
Resistance should appear near the 15690 to 15760 region.
DECEMBER CANADIAN DOLLAR
Resistance should appear near 8856 to 8871 and 8905.
Support should appear near 8777 to 8762.
DECEMBER AUSSIE DOLLAR
Support should appear near 8668 and 8589 to 8560.
Resistance should appear near 8762 to 8777.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1192.0 to 1203.00 and 1232.0 to 1238.0
Support should appear near 1169.0 to 1164.0.
MARCH COPPER
Resistance should appear near 30450 and 30920 to 31020
Support should appear near 29900 to 29720 and 29370 to 29280.
MARCH SILVER
Support should appear near 1576 to 1569 then 1535 to 1529 and the 1496 to 1484 region.
Resistance is at 1642 to 1655 and the 1689 to 1696 region.
THE EXCITING ENERGIES
JANUARY CRUDE OIL
Support should appear near 7428 to 7414 and 7342 to 7328.
Resistance should appear near 7675 to 7689 and 7763 to 7777
FEBRUARY CRUDE OIL
Support should appear near 7513 to 7486 and 7342 to 7328.
Resistance should appear near 7763 to 7777 and 7834 to 7864
JANUARY BRENT CRUDE OIL
Resistance should appear near 8029 to 8044 and 8119 to 8134
Support should appear near 7777 to 7762 and 7690 to 7675.
JANUARY HEATING OIL
Support should appear near 23220 to 23150 and 22750 to 22670.
Resistance should appear 24110 to 24190 and the 24610 to 24690 region..
BW Traders can sell at 24605 and hold for lower prices.
JANUARY UNLEADED GAS
Support should appear 19960 to 19820. Below that a test of 19090 to 19020 is likely
Resistance should appear near 20340 to 20420 and 21260 to 21340 region.
JANUARY NATURAL GAS
Resistance should appear 4.425 to 4.446 and 4.503 to 4.514
Support should appear near 424.9 to 423.8 and 4.183 to 4.163
THE GRANDE’ GRAINS
JANUARY SOYBEANS
Support should appear near 1013 ¾ to 1010 ½ and 1003 ¾ to 1002 ¼
Resistance should appear near 1047 and 1058 to 1068
JANUARY SOYOIL
Support should appear near 3213 to 3194 and 3157 to 3148.
Resistance should appear near 3319 to 3328 and 3377 to 3386
JANUARY SOYMEAL
Resistance should appear near 385.8 to 386.7 and 390.9 to 392.9.
Support should appear near 361.3 to 362.3 and 356.3 to 355.3.
MARCH CORN
Support should appear near 380 ¾ to 379 ½ and 374 ¼ to 373 ¼
Resistance should appear near 398 ¼ to 399 ¼ and 404 ¾ to 405 ¾
MARCH WHEAT
Support should appear near 543 to 541 ¾ and 534 ½ to 535 ¾
Resistance should appear near 564 to 565 ½ and 571 ¾ to 572 ¾
THE LIVELY LIVESTOCK
DECEMBER CATTLE
Support should appear near 16960 to 16890.
Resistance should appear near 17310 to 17380
FEBRUARY CATTLE
Support should appear near 17122 and 16960 to 16890
Resistance should appear near 17310 to 17380.
DECEMBER HOGS
Support should appear near 9237 and 9157 to 9142.
Resistance should appear near 9317 to 9347 and 9427 to 9442
FEBRUARY HOGS
Support should appear near 9157 to 9137 and 9062 to 9042.
Resistance should appear near 9312 to 9342 and 9427 to 9442
Aggressive BW Traders should go short if a close under 9227 occurs
APRIL HOGS
Support should appear near 9347 to 9312 and the 9157 to 9137 region.
Resistance should appear near 9427 to 9442 and 9527 to 9542
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 19460 to 19530 and 19820 to 19960
Support should appear near 19090 to 19020 and the 18650 to 18580 region.
MARCH COCOA
Resistance should appear near 2874 to 2883
Support should appear near 2775 to 2758
MARCH SUGAR
Resistance is near 1609 to 1615 and 1642 to 1655
Support should appear near 1569… Below that a test of 1535 to 1529 is likely.
MARCH COTTON
Support should appear near 5805 to 5792 and 5729 to 5716.
Resistance is at 5945 to 5957 and 6023 to 6035
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 November 17, 2014 2:00 PM South Florida Beach Time
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