Day Trading and Investment Comments Tuesday December 16, 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
“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” –Thomas A. Edison–
Monday December 15, 2014
12:00 Noon, South Florida Beach Time
Traders should stay nimble and stay tuned for flashes in all markets during the holidays.
THE SENSATIONAL STOCK AND BOND MARKET
DOW JONES INDUSTRIAL AVERAGE
Support is near 17,125.00 and the 16,960.00 to 16,890.00 region, where buyers should appear and contain a decline.
Resistance is at 17,380.00. Beyond that sellers should appear near 17,560.00.
DOW JONES TRANSPORTS
Support should appear near 8777.00 to 8762.00 and the 8589.00 to 8564.00 region.
Resistance is at 8964.00 and 9044.00 to 9060.00.
MARCH E-MINI SP500
Resistance should appear near 1996.00 and 2015.00
Support should appear near 1977.50 and 1953.00 to 1946.00.
NASDAQ COMPOSITE
Resistance should appear at 4695.00 to 4717.00 and 4775.00 to 4785.00.
Support should appear near the 4582.00 to 4572.00. Below that a test of 4514.00 to 4503.00 is likely.
MARCH E-MINI NASDAQ 100
Support should appear near 4120.00 to 4110.00 and 4056.00 to 4046.00.
Resistance is at 4210.00 and 4238.00 to 4249.00
MARCH E-MINI RUSSELL 2000
Resistance should appear near 1150.00 and 1164.00 to 1169.00.
Support should appear near 1130.00, a close under is negative and augur for a test of the 1115.00 and the 1101.00 to 1096.00 region.
MARCH 30 YR BONDS
Resistance should appear near 145-21. Beyond that sellers should appear near 146-21.
Support should appear near 144-21 and 144-07.
MARCH 10 YR NOTE
Resistance should appear near 128-08. Beyond that sellers should appear near 128-21.
Support should appear near 126-22 and 126-07.
THE FRENZIED FOREX FRONT
MARCH DOLLAR INDEX
Resistance should appear near 8934 to 8964
Support should appear near 8856 and 8817.
MARCH JAPANESE YEN
Resistance should appear near 8560 to 8589 and 8668 to 8683.
BW Traders can sell at 8556 and hold for lower prices.
Support should appear near 8484 and 8406 to 8391, below that a test of 8314 to 8300 is likely.
MARCH EURO CURRENCY
Support should appear near the 12380 to 12320.
Resistance should appear near 12530 and the 12680 to 12740 region.
Stay tuned for Flashes
MARCH SWISS FRANC
Resistance should appear near 10470 and the 10580 to 10680 region.
Support should appear near 10320, an extended close under is negative and augurs for at test of 10037 to 10021.
MARCH BRITISH POUND
Support should appear near 15527 and 15350 to 15290
Resistance should appear near 15690 to 15760.
MARCH CANADIAN DOLLAR
Resistance should appear near 8589 and 8668 to 8683
Support should appear near 8560, below that a test of 8499 to 8484 is likely.
MARCH AUSSIE DOLLAR
Support should appear near 8134 to 8119 and 8044 to 8029.
Resistance should appear near 8194 to 8223 and 8300 to 8314
BW Traders can sell at 8297 and risk a close over 8327 for three days in a row.
THE PRECIOUS METALS
FEBRUARY GOLD
Resistance should appear near 1217.50 and 1232.0 to 1238.0
Support should appear near 1196.00 and the 1169.00 to 1164.0 region.
MARCH COPPER
Resistance should appear near 28830 and 29280 to 29370
Support should appear near 28290 to 28200.
MARCH SILVER
Support should appear near 1615 to 1609
Resistance is at 1655 and 1689 to 1696
THE EXCITING ENERGIES
FEBRUARY CRUDE OIL
Support should appear near 5577 to 5553 then 5504 to 5492 and the 5356 to 5344 region.
Resistance should appear near 5716 to 5729 then 5792 to 5805 and 5855 to 5880.
FEBRUARY BRENT CRUDE OIL
Support should appear near 6035 to 6029 and the 5958 to 5945 region.
Resistance should appear near 6165 to 6190 then 6257 to 6270 and the 6337 to 6350 region.
FEBRUARY HEATING OIL
Support should appear near 19090 to 19020 and the 18650 to 18580 region.
Resistance should appear 19460 to 19530 then 19820 to 19960 and 20340 to 20420.
FEBRUARY UNLEADED GAS
Support should appear 15760 to 15690 and 15350 to 15290.
Resistance should appear near 16090 to 16150 and 16420 to 16550.
FEBRUARY NATURAL GAS
Support should appear near 3.682 to 3.663
Resistance should appear near 3.858 to 3.867
THE GRANDE’ GRAINS
MARCH SOYBEANS
Support should appear near 1036 to 1032 and 1013 ¾ to 1010 ½.
Resistance should appear near the 1058 to 1068 region.
MARCH SOYOIL
Support should appear near 3213 to 3195 and 3157 to 3148.
Resistance should appear near 3319 to 3328 and the 3377 to 3386 region.
MARCH SOYMEAL
Resistance should appear near 361.3 to 362.3 and the 368.3 to 369.3 region.
Support should appear near 350.3 to 349.3. Under that buyers should appear near 338.6 to 337.3
MARCH CORN
Support should appear near 399 ¼ to 398 ¼ and 386 ¾ to 385 ¾.
Resistance should appear near 411 to 412 and 416 ¼ to 418 ¼
MARCH WHEAT
Support should appear near 603 ½ to 602 ¾ and 588 to 585 ½.
Resistance should appear near 625 ¾ to 627 and the 633 ¾ to 635 region.
THE LIVELY LIVESTOCK
FEBRUARY CATTLE
Support should appear near 16157 to 16092 and 15927
Resistance should appear near 16272 and 16417 to 16552
APRIL CATTLE
Support should appear near 16090 then 15922 and 15837
Resistance should appear near 16227 and 16417 to 16557.
FEBRUARY HOGS
Support should appear near 8222 to 8192 and the 8137 to 8117 region.
Resistance should appear near 8392 to 8407 and 8482 to 8502.
BW Traders should go short if a close under 8297 occurs.
APRIL HOGS
Support should appear near 8407 to 8392 and the 8317 to 8292 region.
Resistance should appear near 8482 to 8507 and 8557 to 8592
JUNE HOGS
Support should appear near 9062 to 9042 and the 8967 to 8932 region.
Resistance should appear near the 9137 to 9157 and the 9237
THE SATISFYING SOFTS
MARCH COFFEE
Resistance should appear near 18080 to 18220. Beyond that sellers should appear near
18580 to 18650
Support should appear near 17380 to 17310.. Below that 16980 to 16890 should bring out buyers
MARCH COCOA
Resistance should appear near 2883 then 2928 to 2937 and the 3036 to 3045 region…
Support should appear near 2829 to 2820 and 2775 to 2758. Trade Accordingly
MARCH SUGAR
Resistance is near 1529 to 1535 and the 1569 to 1575 region.
Support should appear near 1459 to 1453 and the 1421 to 1415 region.
MARCH COTTON
Support should appear near 5957 to 5945 and 5880 to 5855
Resistance is at 6165 to 6190 and 6335 to 6350 region.
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 December 15, 2014 2:30 PM South Florida Beach Time
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