Nov 192014
 

Day Trading and Investment Comments Thursday November 20, 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

Wednesday November 19, 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 17,560.00 and 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 9044.00 to 9060.00 and 9140.00 to 9156.00.


DECEMBER E-MINI SP500

Resistance should appear near 2061.00 and 2080.00 to 2089.00

Support should appear near 2034.00 and 2015.00
NASDAQ COMPOSITE

Resistance should appear at 4775.00 to 4785.00 and 4845.00 to 4856.00
Support should appear near 4650.00 to 4639.00 and 4582.00 to 4571.00
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 and 4304.00 to 4315.00


DECEMBER E-MINI RUSSELL 2000

Resistance should appear near 1164.00 to 1169.00 and 1180.50

Support should appear near 1136.00 to 1130.00 and 1101.00 to 1096.00

 

DECEMBER 30 YR BONDS

Resistance should appear near 142-12 and 142-22
Support should appear near 141-07 and 140-22

 

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 8777 and the 8856 to 8871 region.

Support should appear near 8723 and 8683 to 8668
DECEMBER JAPANESE YEN
Resistance should appear near 8560 to 8589 and 8668 to 8683
Support should appear near 8499 to 8484 and 8406 to 8391
 

 

DECEMBER EURO CURRENCY

Support should appear near the 12380 to 12320 region.

Resistance should appear near the 12680 to 12740 region.

DECEMBER SWISS FRANC

Resistance should appear near 10580 to 10680.

Support should appear near 10360 to 10320.

 

DECEMBER BRITISH POUND

Support should appear near 15527 and the 15350 to 15290 region.
Resistance should appear near 15760 and 15812
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 8589 to 8560 and 8499 to 8484
Resistance should appear near 8668 to 8683 and 8722.
                                           

                                                         THE PRECIOUS METALS

FEBRUARY GOLD

Resistance should appear near 1203.00 then 1217.50 and 1232.0 to 1238.0

Support should appear near 1180.50 and 1169.0 to 1164.0.

 

MARCH COPPER
Resistance should appear near 30360 to 30450 and 30920 to 31020

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

MARCH SILVER

Support should appear near 1615 to 1609 and 1576 to 1569

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 then 7342 to 7328 and 7255 to 7242

Resistance should appear near 7486 to 7513 and 7587 to 7601
FEBRUARY CRUDE OIL

Support should appear near 7342 to 7328 and 7088 to 7074

Resistance should appear near 7486 to 7513 and 7587 to 7601
JANUARY BRENT CRUDE OIL
Resistance should appear near 7939 to 7594 and 8029 to 8044
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 23540 to 23700 and 24110 to 24190.

 

JANUARY UNLEADED GAS

Support should appear 19960 to 19820. Below that a test of 19090 to 19020 is likely
Resistance should appear near 20420 and 20800 to 20890

JANUARY NATURAL GAS

Resistance should appear 4.571 to 4.582 and 4.639 to 4.650

Support should appear near 4.381 to 4.370 and 4.249 to 4.238                                             

 

                                            THE GRANDE’ GRAINS

JANUARY SOYBEANS
Support should appear near 1003 ¾ to 1002 ¼ below that a test of 993 ¾ to 992 ¼ is likely

Resistance should appear near 1010 ½ to 1013 ¾ and 1032 to 1036
 

JANUARY SOYOIL
Support should appear near 3213 to 3194 and 3157 to 3148.
Resistance should appear near 3319 to 3328 and 3377 to 3386.

BW Traders can sell at 3367 and risk 100 points

 

JANUARY SOYMEAL
Resistance should appear near 361.3 to 362.3 and 366.3 to 368.2
Support should appear near 350.3 to 349.3 and 344.3 to 342.5
MARCH CORN

Support should appear near 374 ¼ to 373 ¼ and 368 ¼ to 362 ¼
Resistance should appear near 379 ½ to 380 ¾ and 385 ¾ to 386 ¾
MARCH WHEAT

Support should appear near and 535 ¾ to 534 ½ and 528 ¼ to 525 ¾
Resistance should appear near 549 ¼ to 550 ½ and 555 ¼ to 557 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 and 17560


DECEMBER HOGS

Support should appear near 9157 to 9142 and 9062 to 9042. Below that buyers should appear near 8967 to 8932. BW Traders can buy at 8972 and risk a close under 8932 for three days in a row,
Resistance should appear near 9227 and 9317 to 9347.                                                                             

 

FEBRUARY HOGS

Support should appear near 9157 to 9137 and 9062 to 9042

Resistance should appear near 9237 and 9312 to 9342 and 9427 to 9442. BW Traders can sell at 9227 and hold for lower prices.

 

APRIL HOGS

Support should appear near 9347 to 9317 and 9157 to 9137

Resistance should appear near 9427 to 9442 and 9522 to 9542

                                               THE SATISFYING SOFTS

MARCH COFFEE

Resistance should appear near 20340 to 20420 and 20800 to 20890

Support should appear near 19530 to 19460 and 19090 to 19020.

MARCH COCOA

Resistance should appear near 2874 to 2883

Support should appear near 2775 to 2758
MARCH SUGAR

Resistance is near 1609 to 1615
Support should appear near 1535 to 1529.


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
Wednesday November 19, 2014 2:35 PM South Florida Beach Time

 

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